Other option is find a partner who will contribute the cash and you can use dual incomes to qualify for the mortgage.  

You mentioned generating income, but I’m not sure that you’re better off investing in stocks, bonds and REITs.

Examples:44109 (median home price went from roughly 50k to 125k in 8 years)https://www.zillow.com/home-values/77009/cleveland-oh-44109/ 44102 (median home price went from roughly 30k to 120k in 8 years)https://www.zillow.com/home-values/77002/cleveland-oh-44102/ 44106 (median home price went from roughly 100k to 200k in 8 years)https://www.zillow.com/home-values/77006/cleveland-oh-44106/ It has the highest rents on average in all of Ohio for major cities and the median income is not even in the top 3.

It is more properly called " Tax Deferred" Income.

The is a work at home scam where they say you can work and make a income wholesaling. 

Cap rate, is a fundamental formula in real estate investing, particularly for evaluating income-producing properties like multifamily units.

Reason being, while it still will be unlikely to cash flow (using a VA loan in a highly priced market like Austin), you will likely be able to live in it, and generate rental income from the tenant.The beauty of this is that not only will you be able to build up equity in the home (eventually being able to cashflow), but you will be able to live in the house for a much lower cost than you would if you were to rent an apartment or buy a single-family home.

DSCR also does not look at your income i.e. taxes, W-2, paystubs, etc but rather will look at the potential cashflow of the property. 

No "significant" need for more "equity investing," time for debt or income investing. 

Plus taxes and insurance of $20000+ X 10 years= $200000You will need a $1,010,000 loan at 77% loan to value of $1,300,000 to pay them in full.You will need a FICO of 720 and $27000 monthly income assuming you don't have credit cards or car loans... assuming Jumbo loans are qualified similar to how it works today.