On that program it does require 'Full Doc" income so W2 or 1099 income would be required.DSCR also offers 30 Year Fixed, ARM programs for lower rates and Interest Only which can help with first few years initial cash flow.

Columbus may offer lower purchase prices, but as you mentioned, oversaturation from investors could affect rental rates and appreciation in the long term.Considering your interest in Philadelphia's vibe and your desire for a potentially better investment environment, it seems like Philadelphia aligns well with your preferences and investment goals. 

I contacted the broker and let them know that our offer was low, but they insisted we submit.

If your exit strategies offer a good alternative to appreciation, maybe you'd consider looking into the deal further. 

Along with potential income flow and tax advantages, real estate also offers physical assets.

The payments typically are 1-3 years (but there's no real standard) and don't have additional interest added.Asking price: $280 Million (different currency than USD)Last year's asking price $250 Million (we assume the price increase is because of inflation)The owner doesn't seem in a hurry to sell and when we asked if he'd negotiate last year at $250 million he said no.I'd like to offer the following 3 options to see if any of these work for him:Option 1: 250 Million upfront Option 2:140 Million upfront130 Million in 6 months.

Establishing an LLC for your real estate holdings can offer several benefits, especially when multiple individuals are involved in property ownership.

I looked at the property today and will look again Tuesday but I'm sure I'm going to make an offer. 

So then offer to pay him and do a profit sharing option.

On the flip side if they are not using all of your income, overtime, bonuses they could have you approved for less and not offering full approved financing.