This allows you to access funds while keeping your existing mortgages intact.Second Mortgage: Explore lenders who offer second-position loans on investment properties, though rates will be higher.Cash-Out HELOC : While traditional banks often restrict HELOCs on non-owner-occupied properties, some portfolio or private lenders may offer HELOCs for investors.With $15-20K in liquid funds, look for deals where you can negotiate terms:Seller Financing: Negotiate lower down payments or interest-only periods.Subject-To Financing: Assume the seller’s existing mortgage while covering the down payment.Lease-to-Own: Lock in the purchase price while using rental income to build equity.

Theyre great products for self employed borrowers who will not qualify for traditional loans, but there's a premium for that convenience.

Maybe we can do seller financing for the $172K and then get a traditional mortgage after the fact with delayed financing?

These properties appeal to students and low-income renters, especially if traditional housing is limited.

whats traditionally referred to as "DSCR" loans are not going to be eligible in non-state territories unfortunately

This is a key difference from traditional buyer agency, where the agent keeps this commission.3.

Fake investors, you can sell the dream, the hustle is sold separately  thats why lottery tickets sell so well.. dream with no effort. 

On the contrary, uncertainty is the breeding ground for creating wealth.The core of the issue is whether you are willing to step out of the traditional investment framework and explore new business models and market opportunities.

Thank You for the input, it's confirmed there is not a straight forward traditional mortgage option.I'm looking for a property in the 100k range.

While some buyers may shy away from the 7.125% interest rate, others who are familiar with the "Subject-To" strategy or are more flexible on financing terms may see it as an opportunity to acquire a property with decent equity and no need to qualify for traditional financing.