With that loan product, they will not be looking at your DTI or work experience and will qualify the property based on the DSCR (Debt Service Coverage Ratio), which is a measure of the property's cash flow.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

The appraiser determines the value based on comparable properties (comps) in the area.

It sounds like you need some education before jumping in.

My name is Dion and I am a new member based out of Massachusetts.

Jumping into real estate right after college with a buddy is a bold move, but it's definitely doable with the right planning.

This will allow you to Flip, and obtain a loan based on the ARV of the property, then rent it out having the tenant pay for your new mortgage thus allowing you to pull all liquid out of the property that you had in. 

Hard money lending is based on taking a mortgage on an asset and no lender is ever going to take a mortgage on a property overseas as he/she doesn’t have the infrastructure to take the property back if push comes to shove.

.- Use cost segregation studies to expedite depreciation of your properties to offset large income gains.Entity Structure- Choose appropriate legal structure (LLC, partnership, or S corporation) with consideration for different tax implications.Tax Credits- Explore available credits, like energy-efficient or historic rehabilitation credits.Qualified Business Income (QBI) Deduction- Check eligibility for QBI deduction, providing up to a 20% deduction on qualified business income.Record Keeping- Keep accurate and organized records for tax compliance and audits.State and Local Taxes- Consider varying state and local tax implications, including property and income tax rates.Tax Planning- Engage in proactive tax planning, consulting with professionals for a comprehensive strategy.Tax Changes- Stay informed about changes in federal, state, and local tax laws affecting real estate investments.Remember to consult a real estate tax professional for personalized advice based on your specific situation.

Following - I'm based in California