2 Homes, College town $199,000, Turnkey Ready, Assessed $191K

[Ralph E.]

I have a HML lined up for certain things, but do you know of any lenders with 8% (or less interest only payments, amortized over 30 years, with 5 year balloon, who allows wraps?I have only seen one lender, for landlord 30 year mortgage. Or better terms you know of?

1 home is like new interior, remodeled. Other home in, very nice condition, which is currently rented by long term tenant.

Would you offer say $177,000?

Could I sell 1 home with at least 10% down through a Residential Mortgage Loan Originator?