What's the best option with low DP then the traditional 20%.. lastly of you have a awesome lender who is creative and can make it happen, please share contact Info. thanks 

And within that time establish bankable income to refinance a traditional mortgage then.3.

Traditionally, these agents, often younger and less established, educate buyers about market nuances, show properties, and represent them in offers.

Traditional Sale in line with market. 

We discussed this with our agent, and they recommended a traditional rental policy with an umbrella policy. 

They will use their own contract that is heavily, heavily skewed toward the lender and will usually pass many traditional seller fees off onto the buyer. 

My plan is to hold onto it as a rental property, targeting Section 8 tenants, as the rental income is quite attractive at nearly $1,500 per month.Here's the challenge: The property's purchase price and labor is below $40,000, and I'm uncertain about my ability to secure a traditional mortgage for a property at this price point.

Compared to traditional, I think the latter is only the risk.

If the wiring is nonmetallic cable (romex - plastic looking outside layer of insulation) and has a ground wire (3rd wire, bare copper) it might be fine to keep.

I am basically the traditional Asian family that spent my entire life saving money and purchasing a place in New York City, and after trying to survive for a while I find it too hard now that it’s 2 people and decided to move back to my hometown and do some investing looking for cash flow in particular.