why would a tax bill wipe out your equity at 60% loan to value?

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.

Make sure to have your contractor ready and your cash or hard money loan ready as well to work on your repairs. 

20 to 25 year amortization is pretty standard for commercial loans, in my area at least.

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.

Starting with an FHA loan on a property with separate utilities is a great way to begin.

There are not issues with giving funds, but you have to define how they are given - are they a gift, a loan etc...

As others mentioned, you're going to have a very hard time getting a loan when you're currently in default on any kind of mortgage, HML or otherwise.

I agree with everything @Michael Baum said.Many people, including myself, have used a 10% down second home loan to buy a property used for a STR.

The reason being I have to build up my credit score before I can get approved for a loan.