Assuming primary, max DTI is typically anywhere between 43-49.9% contingent on factors like zip code, program, FICO, etc.

Contingency Fund: With both a HELOC and a hard money loan, it’s important to have a contingency fund for unexpected rehab costs or delays.In terms of your numbers, it looks like you’ve accounted for a lot already, but running a few worst-case scenarios might give you peace of mind as you move forward.

Therefore whether its a "cash" or financed transaction, it shouldn't matter for the seller unless the seller doesn't want to deal with the financing contingencies/feels a buyer who is reliant on financing will be a risker transaction or they are a wholesaler in which many times complicates the ability to utilize financing. 

Then your purchase agreement must be contingent on the owner selling you a vacant property.

Also, have a contingency fund in case costs exceed your expectations.Long-Term Hold or Flip?

Ok here is the thing Darnell, for private lending we weight ~40% on the property "deal" itself, and 60% on the Operator themself; if they know what there doing, can they pull it off, do they have the "chops" for it, are they contingency ready, etc etc.. 

Be conservative in your numbers and always account for a contingency.

So I basically buy move in ready deals that fell through on financing, frustrated seller, make them a quick no-contingency offer and close at their original date (or close to) - best I can do right now.

What are any contingency plans or other options we can look at in the event this will not close.

100% below market means it is renting for $0.If you have an owner-occupant mortgage, you should have made the purchase contingent on one of the tenants being out by closing so you could occupy upon purchase.