Financed Loan Amount: $172,0004.

They will continue to get 360 month loans for the 'cash flow'.

I have a great one in Kansas City for over 15 years that I've used multiple times (only auto loans however), but hoping to branch out locally as I begin my investor journey in Arizona. 

His "buyers" - who could not qualify for a loan because, presumably, they could not convince the bank they made enough to cover PITI payments - inevitably defaulted, and after a few months he would evict and start all over. 

Are you aware that rents on MF units count toward income for loan qualifications. 

You can talk to the bank about a loan; however, my bet is they will want some form of contract and scope of work and will only pay him at set milestones.

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.

This means sizeable monthly payments, but if utilizing with Value Add you can pay off the loan without a pre payment penalty at any time.Hope this helps!

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.

So they often will reduce the leverage of the loan (getting 65% instead of 75%) or deny it (which isn't as likely).