This property in Anderson, IN had strong potential due to its low purchase price of $60,000 and a promising after-repair value.

I would greatly appreciate it.Thanks,SG There are lenders out there either with low LTV or high fees  pick your poison

I see too many investors now, put a significant amount of money in rehab costs and over leverage themselves on hard money loans with low down payments, their properties are not selling and they are lucky to just payoff their current hard money loan via a DSCR refinance. 

The carrying costs are low, but tenant was making partial payments by month 2.

Either way, the property will cash flow like crazy once my unit is rented.I have enough capital to get into a bigger property with low money down and am seriously considering a triplex or fourplex for the next one.Here’s the issue: My lender (local bank) says I need to be fully moved out and have a lease in place before they’ll proceed with my loan.

I'm looking for super low cost, or preferably free.

Some of the best ones are offering rates as low as 5.75% at no cost to you, it just requires a 30% down payment.

The mold house would only be a good investment if you can buy it at a low enough price to cover the necessary renovations.

I've run into some issues where clients get a little anxious over a valuation that came in low or a condition comes up that is fairly minor. 

Right now, you have a property with a great equity position, solid cash flow, and cheap debt (interest rate is low).