When I am looking for a new investment property and am strapped for cash, I typically look off-market and try and find something that can a seller is looking to sell that needs minimal repairs to be rent ready and the purchase price is 80% of the ARV this way I can use private money to buy in cash, do the repairs needed then refinance on a DSCR loan and pay off the private money loan. 

Freddie Mac only offers financing for single properties they do not offer 'Portfolio loans" meaning bundle them all into one loan.

The VA and Fha loans have been able to do it but their strict appraisal guidelines make it tough to buy the often older homes in my market in Virginia Beach / Norfolk Area. 

Any other questions or help with a loan, feel free to Dm or email me!

I was looking into unsecured personal loans but they only cover about 50-100k for 1 year duration.  

I argue that more money in the hands of the rehabber makes the loan safer.

I'm considering using hard money lenders or DSCR loans, but it seems like DSCR would be a bit complex.

So, I've closed hundreds of loans for people. 

Not a dumb question at all, but getting a $100K loan with no track record is difficult.

For calculating IRR, use the total cost of acquisition—this would be the mortgage balance plus the 50% buyout equity and any closing costs.Regarding refinancing, assuming the loan under the Garn-St.