I'm an asset-based (hard money) lender from Atlanta with an extensive 15-yr background in residential and commercial real estate looking to learn more from the BP community and how I can help those that need investment financing. 

This increases the likelihood that they will reduce or reject the claim.

Here is some key information:Property recently hit the market and has 2 cash offers alreadyThe seller provided a pre-inspection report, which I shared with 2 different lenders, both think it may fail conventional financing due to potential structural and electrical issues (realtor thinks it could pass conventional)Seller has 100% equity but is behind on other payments (not sure of the urgency money is needed)This is my first attempt at an “investment” property so I’m new to thisI see 3 optionsMove forward with an offer using conventional loan pre-qualification-Not as attractive of an offer to the seller-Possibility that appraiser calls out structural/electrical issues that need to be fixed before closing, effectively causing financing to fail- Best terms and fewest loan fees for meUse a rehab style loan such as ChoiceRenovation-Even less attractive than a conventional offer to seller, but less risk of failed financing if appraiser calls out issues-Slightly worse fees and interest rates compared to conventional-Lenders tell me possibly up to 60-90 days closing in some cases, with red-tape for contractor requirements and draw schedules (sounds like the most hoops to jump through during rehab)Use a hard money lender-Most attractive loan option I can give to seller so I can compete-Much higher fees and interest rate for me-need to refinance into a conventional at the end of rehab (not familiar with seasoning periods but I think this is a factor as well)Which option would you do?

I am having problems finding DSCR lenders with favorable terms in Florida. 

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Other states you must cure within 5 days of the sale and the lender can allow it or they can refuse. 

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

as most of these were institutional owned so leasing them from the lenders who want to liquidate did not work. 

It all depends on the lender really.

I work with a few clients who do Section 8 very well.If Indy is on your radar, I’d be happy to share market insights, connect you with lenders, or discuss deals that fit your strategy.