A reverse mortgage loan, like a traditional mortgage, allows homeowners to borrow money using their home as security for the loan.

Meaning, if you are buying...what terms would a normal loan provide you? 

My only concern is I don't think I will qualify for the property loan because I have a bad credit score. 

Grant,Thats a tough transition to go from Nurse to Loan Officer but why would you need a real estate license?

Selling to an entity that I created crossed my mind, the business would hold a DSCR loan on the properties debt.

And a regular lender cannot do these types of loans. 

I’m buying a foreclosure with a 5% down Reno Loan.

Is this question more geared towards window units?

.- thanks for the post  ...fyi - if you will need to use a loan to buy - make sure you are  pre approved for both the multifamily  (  1-4 unit)  idea  as well as the apartment building idea ....these are 2 different  scenarios as the apartment buidling will need a  commercial type loan

I heard a podcast that said Arbor Realty Collateralized Loan (CLO) portfolio with over 300 loans is showing a weighted average debt service coverage ratio of just 0.63.