Purchase price: $189,000 Purchased with the help of Norada Real Estate and a private lender loan (family member).

Using local hard money lenders usually works best.

A hard money lender funded purchase and rehab.

Quote from @Abby Chapman: Hi- does anyone know of a bank/lender licensed in Ohio that would allow for a 2nd home loan (10%) on a duplex?

Bank Appraisal issues , How to lay flooring, cabinets, sink Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

This is because their lender will want to review the resale cert which includes a summary of the financials, reserves etc.

Ask the Lender what their timeline is and then double that.

Confirm with lender what the occupancy requirements are after refinance. 2.

The underwriting process is certainly more arduous than most acquisitions but through my personal experiences some of the lenders are far more knowledgeable about the requirements and make for a far easier process for both seller and buyer.

It is hard to say without going through the entire underwritting process and most lenders give a range for rates and costs.