I’ve heard it’s a different process to get a loan for second home purchase as in I need more money down and higher interest rate is this true?

Just a thought..Also, all the external emlements would need to be built in ie conveyancing firms's, a list of approved contractors / handy men, bond/morgate originators ect but i think if it could be done seamlessly and the buyer has a great experience as well as the seller. 

Real estate is such an interesting, fun, and beautiful thing to be involved in! I

It could be shared/rented out to one tenant, which would help alleviate some of the financial burden; however, the cash flow situation you're in is still vastly different and, depending on your financial standing, potentially jarring.

I have on SFR which is paid off, a duplex with a note at 5.125%, and I own the home I live in. I

The area it is in is probably a C class neighborhood.

How to identify the best areas to invest in? Is

And do you have a specific area you are looking to invest in? I

The DTI could be even worst.When I had my conversation with my private banker at another bank, he recognized the problem and his take is the cookie cutter profiles they try to fit people in is not suitable to real estate investors.

I am a Chicago Investor and my primary investment strategy is the BRRR Strategy with a few flips mixed in. I