Don't be so quick to indebt your paid off townhome until your learn creative financing and review all your options.

It's a VA loan, so long as someone can meet the requirements.I have it as a subject to, subto, so it can be done with creative financing too. 

Also, once you get over 5 bedrooms you have to commercially park your project.

It’s a 3 bedroom home, brand new build and just shy of 1500 sq ft.

These are deals that people can find on and off market, they just need to be creative on what they can do to the property to make the deal a deal  

A&M Courtyard Apartments are a fully stabilized 33 unit apartment complex that is comprised of a mix of 1 and 2 bedrooms.

But the one thing that you can control is your creativity and how far are you willing to go with risk .

I have $25K cash for a down payment and can add $20K/year ($1,600/month) toward payments.No W2s, I've looked into building a small home right away and using a bank statements loan (have about 8800. monthly income) , but with 9%+ interest rates, it’s beyond my budget.Is there any sort of creative financing ideas possible or private lender possibilities?

While I know this isn't a lot in today's market, I believe there are creative ways to make it work.I’m a former foster child who was declared independent as a teen, so I've been living with close friends that I consider family.

Have you considered any creative financing options?