They are almost the same as conventional.

Did your buyer simply pay you cash or did they need to qualify and get a loan and did you know if it would be Conventional, FHA, VA, Jumbo or USDA?

They're not like big conventional banks after all (correct me if I'm mistaken).I found one that does a soft pull so I'm thinking there's nothing to lose. 

You can find interest rates similar to where conventional investment loans are.

As Indy continues to grow the inventory for older builds is still high and the cost of entry and relatively low.

There is a home in Tampa I went UC with a wholesaler and told him I was closing it conventionally which they were fine with.Long story short the home is a triplex and zoned as a SFH so the lender will not lend on the property forcing me not to close and the wholesaler took my EM.

I've come across a few builders in the Phoenix area who are still offering 2-1 buy-downs because they are sitting on inventory.

The other option could be doing a fix and flip loan, if they have reserve money and then refinance into a DSCR loan, they could be into it for less money than a conventional investment loan or DSCR from the begining. 

DSCR loans are extremely flexible compared to conventional loans.

I wouldn't buy existing. newark is the #1 zip code for new home deliveries under 400k this year in 2023 and is mostly being driven by DR Horton. year of year property appreciation is insane as well more than 10% on the median and average last time I checked the housing stats. if you want to build please reach out. we don't do any brokerage with existing inventory