There are no income verification programs, full doc programs, lite doc and products that only look at the rents vs the mortgage payment.  

@Andrew Syrios and @Brandt TingenThere are numerous refinance products on the market that will go to 70% (some don't even require income verification if your DCR or D/R is too tight to go full doc) and some even to 75%.  

The 401K loan willl also not show on the credit report, but it will show on the paystub or when they order a Verification of Employment (VOE) from your employer.  

I would be interested in seeing the age of the roof, and the AC and HVAC of each unit, but if turnkey and if these are ok, then our major expenses should be taken care of.

One thing I would say about the townhome is its age and the likelihood of big repairs anytime soon.  

For Older one worried about the Expensive Major Issue due to age. on Newer one I don't see any  CASH FLOW. can someone please suggest me what would be the way to kick start my REI journey Thanks Aditya 

If anyone has any recommendations as the how to initially get involved with real estate, or (knowing what you do now) what you would have done from a young age to achieve the level of success you have right now, I would appreciate it very much, and would greatly benefit from advice.Regards,George

Our Director of Operations, @Scott Trench , is quite young in the grand scheme of things.But his experience level raises his age considerably, and his thought processes show just how wise-beyond-his-years he truly is.His latest post,  How I Went From $0 Net Worth to Qualifying for $1M in Real Estate Financing in 2/5 Years  is a must-read for anyone just starting out.

THIS IS GROUNDS for eviction for CAUSE..As long as you have a police report stating the guy was discharged in the apartment, YOU have verification that the gun was used UNLAWFULLY..

All the best and congrats on getting into real estate at such a young age!