You take policy loans.

Difficulty in getting a second loan?

I haven't been surprised by loan denials or push back on loans that meet their lending criteria.

We took loans under the individual name rather the LLC, would moving under LLC trigger a sale on paper?

I want to do a bank statement loan(I'm an independent contractor)with just me on the new loan in Texas .

Since you'll be owner-occupying, take advantage of low down payment loans like FHA (3.5%), Conventional (5%), VA (0%), or a 203k loan for renovations.

I have looked into hard money loans but they are all for investors.

Hi there,I’m currently on an exciting journey to transition from a Data Analyst role to becoming a Mortgage Loan Officer (MLO) in Texas, and I’d love some guidance, insights, and potential opportunities from experienced professionals here!

Since you put 5% down and the appraisal came in at $160K, your available equity might be limited since banks usually cap HELOCs at around 80-90% loan-to-value (LTV).

Once the HELOC is in place, your father-in-law could loan you the funds to invest in real estate.