Explore FHA loans and mentorship opportunities from experienced investors.

And how are you going to get a 6% loan on it ?

The counterclaim states that since the deed in lieu language was part of the loan, the entire loan is invalid.

To maximize your investment, use financing options like FHA or conventional loans, analyze deals based on cash flow and cap rates, and network with local investors through REI meetups and BiggerPockets.Good luck!

Hi Ricky, Have you tried looking at a DSCR loan?

I see too many investors now, put a significant amount of money in rehab costs and over leverage themselves on hard money loans with low down payments, their properties are not selling and they are lucky to just payoff their current hard money loan via a DSCR refinance. 

Since you’re building from the ground up, a hard money loan can be a great option because traditional banks tend to be slow and have stricter requirements for new construction.

Then any rental income you could obtain from that property could be used as an income source for loan pre-qualification.

I have two properties (exact same property just across the street from each other) one is a seller finance that is coming to the end of its contract for balloon payment and the other is a fix and hold Interest only loan that is also coming to the end of its contract for balloon payment.

Your personal loan has a 5 year balloon period.