Hey @Christopher Morris,I piggyback on some of the others, but I'd connect with a referred lender ASAP to go over your options/budget/pre-approval.

I am going to be the contrarian on this subject.. 1. the pre license course is valuable as it teach's the vocabulary of real estate and the basic laws of your state.. its dirt cheap and one of the better ways to build your foundation. 2.

He had this ambitious flip lined up and decided to tap into a 0% business card deal to cover the rehab costs.

3. what type of deposit / reserves can you provide in case the monthly rents you receive do not cover the rent you pay me?

It looks like you can use a 203k loan for new construction to reconstruct on an existing foundation.

Sorry if you covered this and I missed it.

The property title is clear but the lender wants additional property adjoining to cover the roof overhang rather than just an easement or encroachment.

Prior to 1976 they were considered pre-HUD. 

Studies typically cost $3,000–$5,000 but affordable DIY options (around $400–$500) exist for simpler properties.

It was a 1970s property, and when the plumbing needed an overhaul, I found myself scrambling to cover the costs.