Virtually every mortgage broker* will use the FM Selling Guide for determining eligibility, or you google "fannie mae underwriting guidelines" for high level details.

Yes, the timeframe between getting the new property and selling the old property is high interest and 3 different payments (old property mortgage, HELOC payment, new property mortgage).

I’ve typed in terms/Keywords like, “Investor purchasing ability”, “Purchasing power of real estate investors' ' or “Property buying strategy for real estate investors”.

I would highly encourage you to think about your family first. 

I own some small multifamilies in Concord and High Point, NC.

I am currently a senior in high school nearing graduation and have a growing passion for learning this industry.

I believe in the power of networking and fostering meaningful connections to grow both personally and professionally.While I'm still finding my footing in this industry, I'm driven by a passion for helping others and collaborating on future opportunities.

I look for low crime rates, good schools, high rent to value ratios sometimes as high as the 3% rule. 

(I also would like a loan that doesn’t require a high down payment). 

As a general rule of thumb, no one ever lends for less than the rate of a high yield savings account.