The loan is not assumable.

Keep in mind that it will be difficult to finance this with a conventional or DSCR loan as they normally require the properties to be "turn-key" and you would most likely need to finance the deal with all cash or hard money.You can also collect documentation on the repairs during your due diligence period, but I would suggest getting this done upfront before your earnest money deposit is at risk.

Example of this is I had someone get a loan under agreement and sent me a link to a website about statute of limitations without any contest telling me a loan is not recoverable.

Even if they do get offers loan offers are off the table the closing date is 26 days away.

I am the lender on a 3 year loan with a balloon at the end, we are 14 months into it.

FHA loans often require a lower down payment compared to traditional commercial loans.

Considering house hacking as an option but concerned about the impact on my kids' schooling when using FHA loan and need to leave after a year.

The property has an ARV of 650kShe has a first position loan for 84K and a second for 55kFamily income is 130kShe has been told by a couple of banks that because the rental has a second property on it (ADU - 1 bed 1 bath) and it’s a rental, that she can’t get it refinanced.

looking for the best way to max proceeds on perm coming out of a construction loan 

But also to most $700/mo in a car note is acceptable, as is $300/mo in credit card interest fees, and withdrawing from savings to cover excess spending and student loan notes due.