This is the investment thesis in my area, it is becoming a bit saturated, but if you can rent just below the new build/corporates, and maybe accept tenants that are a bit outside of the corporate approved model, you can keep your place rented. 

One requirement for this loan product is that the rehab must be completed by a licensed and insured contractor approved by the lender.

This can take 2 days to 7 days depending on if there are any problems or things missing or if it is a slam dunk easy loan.Once out of UW, you will go to approval stage. 

Once your pre-approval is finalized, evaluate each property by inspecting it, confirming the rehab scope, and making offers based on realistic numbers.Drago

Refinancing: If the lender doesn’t approve, refinancing under the LLC might be required, but LLC loans typically come with stricter terms and higher rates.3.

We paid back the 401K loan in 8 months and best yet paid all the interest back to myself vs. the bank.Aug 2023 - I went to my local bank and got approved for a HELOC on my primary residence. 

Sellers can avoid paying transfer taxes to the county, while buyers are spared from facing significant property tax increases.However, it's important to note that lenders typically only approve these loans for properties with five or more units.

Do you have a pre-approval or proof of funds ready?

To improve your approval chances, use rental income from your first property, consider co-signers, and explore lenders that use Income-Based Repayment (IBR) for student loans.

they took options on the dirt subject to plat approvals.. then marketed the property to builders.. why they need me is that these projects require 500k to 1 mil up front to get approvals and thats what we provide.. our return is high based on risk.