Down Payment Assistance: Proposed up to $25K in down-payment support for 1st-time homebuyers "This option exists as of today in many states under current DPA programs"You can actually right now get more than $25K under a DPA it depends on your loan amount and your State/County. 

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

If I Hypothicate and get a loan for $35k, I use the note as collateral and pay the loan like any other loan. 

Who is a hard money lender doing fix and rent and DSCR loans sub $100k? 

As a Banker my advice is to always have several conversations prior to and be very transparent with your Banker or Loan officer.You can use real estate to position yourself into a better or bigger home buts is like chess there are rules and you have to know in advance your next few moves. 

If its under water Also who was servicing the loan and what state is it in.

I’m having troubles getting approved for the loan. 

A better option is for the tenant to take out a personal loan, pay me in full, and make payments to the bank.

I checked into an FHA OTC loan but it had mortgage interest rate over 8% and lifetime PMI payment which I would like to avoid.

, etc.) then it really was, in order (I guess) to induce a loan or some other “benefit”.