Hello,I am on the look for a CRM. I was wondering anyone has any experience with them. How much are you spending for them? Stephen 

Just buy the home and use a DSCR program have the seller pay a 2% seller credit and buy the rate down. 

If you’re an investor looking for flips, rentals, or even multifamily deals, I’m happy to share how these programs work and what leverage looks like so you’re ready when the right deal comes along.Hey @Jackie Carmichael!

Ask them:What credit score, debt-to-income, and reserves they like to see for house hacks or multi-family loans.What first-time buyer or local programs exist in your target area.How they treat projected rental income when calculating eligibility.That info gives you a clear goalpost — you’ll know exactly what to fix or build before next year.In the meantime, here is my advice and some actionable steps you can start on now:Pick a target market and study rents, prices, and zoning.

The company has a program that will allow you to purchase your next home before selling your current home- The company will purchase your home giving about 80% of the equity up front so you can buy your next home. 

Which I totally get and think is ok many companies have a referral program.

See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy + tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

This criteria is for 1-4 and 5-8 unit programs.

This criteria is for 1-4 and 5-8 unit programs.

You will need at least 20% down for most programs as one thing to keep in mind!