I am waiting to get my final permits from DCRA and about to do underpinning on the row house in Brookland, as I am converting the basement to the one bedroom apartment with the front dig out for the separate apartment entrance.

Finally signed up for Pro.

Affordability..are you approved for a loan (what type) does lender know you are looking at condos?

I am having trouble figuring out whether to go with a hard money lender, or a conventional loan for my first rental property.

I have one myself that I funded after selling my SF home and once I set up my policy, I took a low, simple interest (5.5% for me) loan that I then used to purchase a 4 unit MF; now I'm using it to fund the renovations.

Most realtors can not get much loan due to nature of his un-predicable income as 1099 and have terrible credit score issues.

. $4800 cash flow is projected when the final 2 units are rented.

So I finally caved, created a second channel and here is the video. 

Based on your financial situation and goals, here are some personalized tips to kickstart your journey: Start by leveraging your finances with options like conventional loans, FHA loans, or commercial loans.

Are you assuming any loans; or are you letting them continue to pay any loans they have on it and you just pay them?