I had a loan ( a second ) on a 6k sq ft home on Green st. in SF that when i made the loan the apprasial was 2.2 mil  in 91 it went back to the bank at 900k.. 

is his current loan VA, FHA or USDA?

To overcome these hurdles, consider FHA loans, down payment assistance programs, and rental markets with strong rent growth.Good luck!

If you have more of your VA availability left you may have options outside of a primary residence to use the loan as a benefit of your service to our country.

However, Partner Driven is unique in offering full partnership on deals, 100% funding (not a loan), step-by-step guidance, profit splitting, and absorbing 100% of the deal's risk.Moving ForwardPlease reach out to me directly so we can discuss your concerns and find a way to support you better.

I am basically just combining BRRR into DSCR loans now at this point.

This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.While the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.

1) Rarely paying asking price or even "market price" for a property.2) Understanding how they may be able to reposition a poorly managed property for increased cashflow and value.3) Looking for creative financing, so they don't have to deal with a bank for a purchase loan.4) Understanding ROI, Cash-on-Cash, NOI, etc. and using those numbers to determine HOW MUCH they should offer on a property to meet their taget performance numbers.Funny, appropriate, recent interaction with a plumbing company.

For clients interested in tapping into this, now is an ideal time to explore DSCR loans.

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.