Plan was to pull a HELOC for 25% down payment and then a mortgage for the remainder. Bank came back and said I can only do one with my DTI. My new plan is to pull just a HELOC and buy a foreclosure/auction property with my HELOC and also use it to fund the rehab cost. Once finished I would sell it and pay off the HELOC and have enough for a down payment on my first buy and hold. Anyone do this as a way to get Into their 1st rental property. House hack isn't an option for me unfortunately.