I have a bank locally that will use DOT as collateral for loans.

Sounds like you are getting hit with a lender who has overlays and possibly miscommunication between the loan officer/processor to the underwriter.

@Roman StefaniwWhen retirement accounts in the US get financing, the loans are called "non-recourse."

Could have held until this winter and gotten his occupancy up to around 80% and would have added another $500k to the value.Downpayment $310kAll in cost plus loan: $1.3mmSold for $2.4mm; with 250k seller financing for 5 years. 

But as for the seller finance, would the loan to the seller be the difference between 450k and the refinance number of 220k?

I plan to apply for an FHA loan for my first investment if I were to find a deal, but if I can't something that works for buy and hold.

Having the seller carry a second is not a problem for the first, as long as their business with you is finished and the loan has closed.

My electrician said that it just needed new breakers The property is liveable and rennovated apart from this.What is the cheapest % interest dscr/hardmoney/rennovation loan I could get?

Acquiring in cash or with a fix and flip loan.

Hi Aubrey,International lenders don't exist for real estate in that no lender in one country will give you a mortgage loan in another country.A good service to estimate revenue in Costa Rica or everywhere in the world for that matter is Aidna.