Income is a basic requirement for any kind of Conventional/traditional loan.As far as rates, pretty much any 30yr residential investment property mortgage anywhere near par at 85% LTV is going to be north of 7%.

Go ahead, complicate your life, right off the bat!

This will also help you be organized when completing taxes and writing off any potential expenses like furniture, utilities, repairs etc. that come with the rental business. 

Use it to buy everything related to the ental and then pay it off every month.

Based off what I know from that area is you will be lucky to get it to appraise at 300k and you will be upside down.

I'm looking to start/hire a call center for off-market real estate leads on a very large scale.

I was able to gain entry today, he trusted me to inspect the unit and asked if I could change the locks.When I was there, everything was pretty much the same mess but the electric utilities were shut off.

You will get the lowest rate when the fees are paid at closing but it matters how long you will hold the loan for as far as what makes sense financially.

In PR when I take out large amounts they ask me what its for, I usually tell them to **** off its none of their business. my wife is more diplomatic. she tells them for "just in case for hurricanes". 

@Stephanie Walker @Andrew Lax Wyatt, Thank you all for your help so far.