I did trying to do one subject to loan an my real estate investor didn't know much about it. 

Hard money is a type of business loan for non-owner occupying investors.

My in-laws loaned us the total purchase price minus $5,000 on a 3% interest rate.

I see why folks are asking this company says they do 100% loans for purchase and rehab with a whopping 620 fico..

Hi All, I'm in need or a reliable tool to use when underwriting short term fix & flip loans.

I ignore the gurus claiming the CMBS is about to explode again and all these commercial deals will flood the market, that's not how it works in our current reality, banks are not stupid, nor are the owners; the banks will work with owners that have those loans and modify them to stabalize the asset. 

(By the way, I never pay points for any loans.

Hi Amanda, I think this is where most borrowers get confused on a DSCR loan.

Get a 50% LTV loan and buy another property just like the one you own. 

Instead, consider a HELOC or home equity loan to fund repairs, as the interest may be deductible if used for home improvements.This post does not create a CPA-Client relationship.