I've worked with clients that have had to put more money up front into the transaction because the specific bank they wanted to work with required it.

General requirements would be 20% for a 1-4 unit property, DSCR of at least 1.00x or greater, and you can qualify with a score as low as 620.

Gain valuable insights into the intricate aspects of property management and develop the skills necessary to navigate the dynamic landscape of real estate management.Refinancing Strategies:Working with Lenders: Learn how to effectively approach lenders for refinancing, including understanding the documentation required and how to present your case in a compelling and persuasive manner.

Also if they won't give you required info find a other qualified tenant.

First you cannot buy a Multi-family as a Vacation home its only for SFR - single family, condo's, townhomes and they require 10% down.

It feels like one requires the other...refi requires good credit...good credit requires the refi...Does someone have some insights as to how to do a home equity line of credit based on an appraisal and with a low credit score?  

So, you can still get a conventional loan but the loan will require you to transfer the property to your personal name at closing. 

Also, thewholesalerstoolbox.com has a link to another affiliate that provides such info but requires a subscription. 

Generally, most people do not qualify since it requires you to do be doing more than half your time as in real estate related activities. 

You are not only impacting your tax return but the tax return of your family members.Partnership returns became more complex recently with the requirement to keep track of tax basis for each member.