If you are going to be an owner-occupant, want a low down payment, and are planning to do a renovation, the FHA 203k and Fannie May Homestyle loans are your best optionsHow do you know the property is currently upside down on the mortgage? 

You could build a new one every 2-3 years and move into it as a primary so the bank would be more friendly with your loan.

Hi Lenders, currently in the market for a cash flow management tool to help organize payoffs and broker commissions to get a better understanding of how many more loans I can fund on a given month.

If scaling quickly is your goal, DSCR loans are a great tool for the refi portion since there’s no 12 month seasoning requirement like conventional loans, and DTI isn’t a factor. 

Are you using the 10% down second home occupancy loan?

I would pull a FHA loan for $665,000 and live in one side and rent the other side out to a family member for $2,000 a month.

I have experience in the flip, rental, space and can help with the loan, and the real estate broker piece.

what kind of loan?  

Once the rehab was done I refinanced out of the private loan into a conventional loan as a primary residence.

For some buyers it would end up being less than a 2.5-3% commish, and for others more.The tricky part for the buyer is it would have to come out of their pocket in addition to the down payment, whereas a commission paid by the seller at closing is included in the purchase price and absorbed into their loan (usually unless paying cash obviously) so the buyer only has to make the down payment out of pocket.