Underwriting also uses a different methodology than the traditional FICO score approach.

Yes cap rates will fluctuate during economic downturns, but I believe it's still different than a traditional comp.Third, if you have some experience when the market downturns, banks and others may be happier to lend to you when everyone else is running away.

@Ashish AcharyaIt is not a Roth inherited, it is a traditional inherited.And yes I have been taking RMD's.Thanks so much for your help =)

I just realized maybe another idea they were espousing was about finding creating ways to fund a project, including hard money lenders, partners, syndication, etc when traditional mortgages are not available to you....

We have 12 properties so far, 3 of our properties are financed with private money, not on our credit etc. we keep hearing that the limit for traditional financing is 10 properties but I haven’t heard anyone elaborate much on it in the hundreds of “brrrr strategy” podcasts I’ve listened to, has anyone here actually ever been limited to the 10 properties rule?

If you're going with the traditional banks then it's not really a 2 year rule of receiving rent, but more of a 2 year rule that shows you receiving (and paying taxes on) income from the rent on your tax returns. 

One company owns everything and does nothing (this is your SLLC a/k/a “asset holding company”) and a completely separate company handles all of your operations (this is a traditional LLC a/k/a “operating company”) For the operating company which serves as your face to the world and through which you do all your business, you establish a Traditional LLC to carry out the operations of your investments.

@Frank FaustUnless your paying cash, you may have a problem with a traditional lender, but the saying goes “Mold is Gold”.  

I have only talked to a couple traditional institutions such as Wells Fargo and CIT bank and both had 6 month seasoning periods for a 75% LTV cash out.

Any suggestions on how to find a 3 bdr/2ba outside of traditional channels?