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

@Jordyn Ohsnot enough info to helpbut if you're using a HELOC for the down payment AND getting a loan, then you're probably negative cash flow given that's 100% leveragei would never do that unless i were going to refinance in the short term

I would include servicing costs of the loan and licensing costs.

We did that for about 3 years until Jeff informed me he'd fallen behind on property taxes, and all of his lenders called the loans due.

Bridge Loan: A bridge loan could provide the $150,000 you need until your tenant-free property sells.

Hi @Vincent Plant,You've gotten some great advice on what to look for in a hard money loan.

There's no current loan on it right now.

you can use a DSCR loan if your DTI is too high for conventional. 

House care, lawn care, condition of cars, street conditions, absence of pay-day loan shops... basically all the things you look for when determining where to live yourself. 

Well it is doing loans for folks who bought sight unseen and trusted contractors/turnkey providers who sell the dream but in the end do the absolute min in rehab work (even though charge for a much better job) and/or sell a buyer on a class B type neighborhood that is  reality a class D neighborhood in an already low income town.