Instead of a traditional down payment, I would give them some money (maybe just to bring the loan back to even).The upside if taken over the loan at the current balance, with some rehab and hopefully getting the front lot back would be a nice ROI. 

This is a large community and someone might give you some insights on the lender or the loan officer.  

The cause of the 2008-2010 Great Recession was bad real estate loans - if you could fog  a mirror, you could get a mortgage!

Looks like there will be some grants and loans to assist SFR and duplex owners only in the form of a lein on your property.

One powerful tool that can help investors secure better loan terms is asset utilization—especially when the DSCR (Debt-Service Coverage Ratio) is under 1.🔹 How It Works:If your rental income falls short of covering your mortgage (PITI), you can use liquid assets to supplement your income.

Structuring Financing for Volume-Based InvestingTraditional financing methods like hard money loans work well for single properties but can be less efficient when you're scaling up.

I've managed to secure the loan for the new house without having to sell the old house first.

What really matters is how long you think you will have this loan. 

We approached the existing lender for a loan assumption.

Hard Money Loan and HELOC on my own house.