It was a standard loan.

It was a nice good payday for him as well.

I'm not familiar with loan applications for non-US citizens, but Greenville is still a great place to invest when you find off-market deals.

What happens if you buy the duplex with a conventional loan with the purpose to build an ADU to move in shortly afterwards?

At this time in the project, is it possible to take out a loan against the property in order to buy a great investment which would be a patch-n-paint and could become an awesome rental?

Some old school sellers, like many in here have said, don't even want to waste time waiting for a mortgage and buyers who traditionally get cold feet right after inspection with a big loan.

@Brandon Weis, the reason and the only reason why they cannot use the rental income on the other units for a conventional loan is because you probably live rent free and don't have a housing expense.

I would start by talking to a lender who deals with construction loans.

you probably know this but - there are holding costs associated with most flips - interest on the loan, insurance, and sometimes others depending on the localityhope this helps 

I'm in the same boat, I've been happily using Stessa for a couple years and recently I'm having connection problems and they're not connecting with mortgage companies that are buying out my loans.