I've quoted deals where the borrower only comes in with 5% equity by using a seller second.

I often see tilesetters on the home improvement shows using the score & snap and find myself wondering why they aren't using a wet saw; I bought mine at Home Depot many years ago for under $100 and have done more kitchens and baths than I can count.

Hi All,This is my first post. I have set a goal to buy my first house by the end of the year, preferably by the end of the Summer. I have good credit and a credit card with a relatively high limit. I'm already pre-app...

Currently we are at ground zero, owning nothing but our home, but we hope to slowly build wealth by purchasing 4 to 5 single family properties using as little debt as possible.I look forward to learning more and contributing as I get to know people on this site.

One of the strategies that has been successful is managing one property myself and using a PM for additional properties that I acquire.  

I'm not trying to scare you into using a lower leverage loan and acquiring fewer properties, just trying to encourage you to be cautious and understand what you're committing to if you do choose the higher leverage option to be able to buy more properties.

Also, consider using a porcelain tile instead of ceramic. 

It sounds like while technically it’s true that they may not show on my credit report, that when underwriting for the next new purchase using a conventional Fannie/Freddie backed loan digs deeper, they will still count these 5 properties as financed and the new DSCR loan really didn’t help me in that regard.  

As far as basement conversion, be aware of egress (fire escape) requirements which can prevent using a basement.

they are willing and will easily qualify. they live across the country. i have been using a long series of mailing addresses. mostly po boxes. it reads like i will still have problems with my history.