This requires union tribune subscription, but many San Diegans have that subscription  https://www.sandiegouniontribune.com/2024/12/16/home-flippin...To summarize, average purchase price was $760k, average sale $915k.  

This often means a smaller down payment and lower monthly payments compared to a traditional bank loan, especially since the seller may not be tied to the high interest rates banks are offering.Another option is a land loan from a local credit union or bank.

I have refinanced those to 85% loan to value with a credit union and got over 10% back out which was about 200K. 

Credit unions or smaller regional banks might be a better fit.

Make sure you have the right property insurance while the property is being worked on and an investor friendly lender or local credit union can help you refinance or get a HELOC.To Your Success!

University federal credit union 

Quote from @Daljit Singh: Hi BP, I am currently house hacking a duplex in Union City, NJ, and unfortunately, the tenant stopped paying rent a few months ago. 

Their online payment system doesn't recognize non traditional banks (credit unions) so your hit with $27 fee to pay with debit or have to take time out of your schedule and go to a Western Union for a $3.95 fee.

I am currently looking for a small local bank or credit union that issues lines of credit collateralized with investment property.

Quote from @Jason Bohling: @David M. unless it is with a portfolio lender which most credit unions and many local banks are.