Fannie/Freddie have more restrictions in terms of experience and net worth to qualify.

My credit is good (742) and income is more than enough to qualify for a Cash Out I just don't have the 6 month seasoning needed. 

If you do not qualify to get a new loan, you will not qualify to do an assumption.

It needs be a property that is livable and qualifies for conventional lending but the projects are done in stages to where it's only slightly uncomfortable residing in a construction zone.

Hi @Max Fajardo sounds like you may qualify for low money down conventional which is a great way to go.  

The other units rents would be the only way to qualify at the $700-$800k range and then force appreciation with modernizing one of these aging properties.

The other units rents would be the only way to qualify at the $700-$800k range and then force appreciation with modernizing one of these aging properties. 

I prefer someone holding the CRE designation to perform the study, although MAI designees are usually also qualified.  

Im currently using Midland and Forge for qualified funds. 

If you had lived there first, turned it into a rental and then moved back in within a certain time period (I think it's 5 years) and then lived in it again to qualify before selling I think you get the entire exclusion.