Its a small investment to try both as one deal pays for them for a good amount of time

My suggestion if your goal is to free up some equity to use for another purchase - start small with the single family home with a cash out refinance.

Good Morning - My realtor came to me with an offer for an FHA loan but they want to move in this weekend.  

Why do you think purchase contracts are so long and have such small print?

Loan Origination Systems (LOS): What works best for mortgage and private lending?

You're going to lose your loan from what I understand.

This means sizeable monthly payments, but if utilizing with Value Add you can pay off the loan without a pre payment penalty at any time.Hope this helps!

If you are worried about out of pocket costs, see if maybe a rehab loan is an option to get everything needed done now and refinance in 3 months when everything is complete.

Hey @Jaycee Greene, we typically get loans from smaller local banks.

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.