LLC won't show on your personal credit, conventional will.

Yet with rates higher and banks paying 5% ON CD'S why take the risk with such a low cap?

They qualify you based on credit, down payment + reserves, and the projected rental income.

The current interest rates are more the norm and what we saw for the last 10 years was 'free' money due to the low interest rates. 

But since she is still a first time buyers we are still getting low down payment options. 

You can even find discount brokerages that will charge 1% or even as low as $500.Just remember: you get what you pay for.

Max LTV should be 75%LTV based on the basic factors, credit & DSCR. 

Hi @Adam Davis,While you may not qualify for a conventional loan, there are non-qm loan options that can go off of your bank statements and credit score without having to verify your tax returns.Your thought of getting the loan and only paying when the house sells is not an option.

I do my due diligence on Kevin (and his girlfriend) and he has zero evictions, zero criminal history, great credit score, referrals etc... ticks all the boxes. 

@Deonte Hill- thanks ....assuming the property will be a  1 unit  investments  proeprty - there are loan programs that allows as low as  15% of price as down payment ...( so  30K  would be needed for the  down  in your  plans)  ...if you plan to  buy and  live in the property - there are many programs  that allow less than  5% of price down payment .