Otherwise, you would be better off finding private lenders and doing your deals alone and refinance after completing the rehab. there are plenty of private and hard-money lenders that will also do a 30 yrs term on rentals property these days. 

@Trevor B. it's been like this for a few yrs....

I'm 24 yrs old and want to buy a 2-4 unit rental that I can stay in one and rent the rest.

I told the tenant that I will be doing an inspection at the end of this month (It's been 2 1/2 yrs).  

I’ve lived in the house 20 yrs (built myself) it would be tax free now but capital gains years from now if I ever sell after renting correct ?  

Owner financed at 4% for 10 yrs. with $3500 down and rehabbed with myself and my father another $3000.

If this has been on the market for 2 yrs now either he wont budge on price, asking way to much, needs a lot work or problems or all of the above. 

Hello, I'm looking at a foreclosed home for sale about $30k its a fixer upper and I'm looking to reside in it. A small house but sits on 0.33 acres of land so I see a lot of use. The only thing is I don't know the fir...

Never again 15 yrs mortgage if someone else is paying for it plus if I'm receiving some sort of income on top of that.  

We've turned about half a million into a portfolio worth about 2 million over the 9 yrs, because there's been some increase in value, and it earns us a pretty good living, too, enough to live on.