The only method that really comes to mind is BRRRR, which I am not opposed to, but would prefer something a little simpler for a first time deal.Similarly, I'm making an assumption that it might be possible to use a combination of HELOC and DSCR loans on something a bit more turnkey for the initial purchase and then refi into conventional after a year or two rental income?

The difference between the two is an entire new loan or a second equity tap which will give you whats called a "blended rate" option.

I have two questions:1) What is the average rehab cost/sqft  (cosmetic, light rehab, and full gut) in the Charlotte market?

I  would be looking for something near one of the many creek revitalization projects personally (I am hopefully playing a long game).

We own two properties in Winston Salem and decided to try out the High Point for the 3rd property.

I understand it is a difficult market at the moment (High interest, High prices, etc), and I have no problem playing the waiting game.

I've rented two homes over the last few years, and I'm interested in slowly buying more single-family homes and keeping them long-term.

But good ones are still out there.if the seller is represented and you're not, I think that puts you at a disadvantage... at least for your first purchase or two.

*You can only have one FHA loan at a timeI'd consult with a lender or two to give you a much deeper scope of your loan options and what makes the most sense.I am not a lender.

Hmm, two interesting views.