I am a mortgage lender and can help give a lot of clarity and insights to you, so please call me at the number below if you would like to discuss further. 

You will likely need a large down payment like you would in #1 but your cashflow position should be better.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.PM us if you’d like to discuss this logical approach in greater detail!

This option comes down to the investor's risk tolerance since you will likely leverage your primary home at a variable rate.3) The BRRRR method since most hard money lenders will allow you to acquire distress payments with as little as 10% down and grant you access to rehab funding via a bridge loan.

I have section 8 rentals as well as non section 8 rentals.

The payments to these programs likely do not qualify.

Would like to get some feedback about your experiences with them as I've heard nothing but good things. 

I feel like this deal pencils at $365-375k but need to add a bathroom, redo kitchen and existing bathroom, close in garage port for more sqft, + cosmetics and new appliances.

My thinking, and it might be misguided, is I will like to get into another property, a rental property before year end. 

Kinda like a slotting fee in a grocery store?