Hi Alex, Well if the numbers you share are in your favor and you can manage get 90% of the LTV from your home then Heloc would be a great option.

After an appraisal, I have the option to put down 14% instead of 20%.

I have been binge listening and watching everything bigger pockets for the last three months and have decided 2024 was the year I'd make the plunge into real estate.  I've started networking with people I honestly bel...

A no income no doc DSCR (debt service coverage ratio) would be a great option for you .

Is finding a bank to loan me, the only option? 

The intent of my post was to share this idea with those interested as an option to consider.

Another option is to have your entry way onto your property at the very beginning and not all along the road. 

The cash you get form either of those options helps to cover the down payment on future purchases.After you have purchased a few homes and have a good chunk of change you can get into 5+ units and start using DSCR to buy apartment style homes where you can focus on affordable living options and things like section 8.

Also, since there is a huge gap in the industry in teaching people how to understand development and the different options we've launched an education arm to help bridge that gap so it's not just the "big guys" with deep pockets that can be a developer. 

I am not familiar at all with subject-to but is that an option here?