However, I am also considering duplex and tri-/quad-plex assets if they pencil.Additionally, I currently work for a locally-based commercial developer/lender on multifamily, land, and some hospitality projects.

I never choose anything based on price.

I understand the standard rate in the USVI is 6% but believe I should be able to negotiate down based on the expected sale price.

That’s perfect Glenn!! 

With the right resources and help, you can still make it happen.There are options that can help make buying a home possible today — even if your savings are limited or your credit isn’t perfect.

I currently have a client looking to purchase their first investment properties here this year as well as in other Midwest markets that are also showing some of these same factors coming to light.Another thing to consider is that OKC is home to nearly 20,000 military / government workers with Tinker Air Force Base and the Army and Air National Guard posts there. 

But based on the age of their post and their total number of posts, my guess is we'll never find out.

They have about 250k left to pay off and the value of the home is around 400k (based off of Zillow).

Quote from @Perry Lierman: Thank you, this is perfect! 

@Samuel Coronado I’ve worked with a few lending options that have no seasoning requirements and allow you to borrow based on the appraisal or after repair value irrespective of how long you’ve owned the property for.