There is not much the loan officers can do to deviate from the highly structured loan terms these programs offer. 

There are non-conventional programs that will allow on an exception basis but not ever one can qualify or will even know about those programs.  

I do not have any experience with this company but in most instances, owners run into lots of limitations with the software/program and wind up hiring a PMC.

Long story short, tenant had some disability issues, got into a program that paid us the rent etc… We got the tenant out and looking to sell the property, however, the property has been absolutely destroyed.

We have a program specifically for rental properties.

Also I'm in a program that paid for most of my schooling.

I do have a program that will go to 80% on NOO, but the min loan is 125k. 

Even within that subset of programs there is also likely acreage limiters as well, so I would check with that as well.It might be valuable to reach out to a DSCR broker as there are a few different hurdles to overcome, but it sounds like it might be doable, with realistic expectations.Good luck!

I'm sure there are 1 in 100 or 1 in 1000 that have really worked the program and become a success at some point, but they are rare.If you can't use your personal credit, I don't think you are going to easily and regularly find private money or asset based lending, things like that. 

Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.