Getting it under market value would be a bonus.So, would using an FHA 203k renovation loan, which would allow me to buy something unqualified for a standard mortgage, which would weed out a lot of competition and push the price lower.

They want to put 75% leverage including interest only 3-4 year term loans on their acquisitions. $600M total potential acquisitions.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

This way the commissions get rolled into the loan (in most cases) and buyers (most of whom are using financing) don't have to pay their agents commission out of pocket in addition to their down payment.

I have leveraged VA loans, not for this case though. 

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

If you’re seeking a bridge or a hard money loan, you’d wanna ask about credit, asset requirements, loan to value bands, etc. but each loan is a snowflakes for every scenario always different.

Thanks,James The only reason you could not keep the HELOC open is if there is something in your original loan documents saying the loan would close once it was not your primary home anymore.

For perspective, last April I closed on a new construction loan (build to rent) with a turnkey company there (Rent to Retirement).

I know if I were to send an operating agreement to a lender that reads "LP member will receive return of their capital and 20% annualized return" they would not approve the loan.