I recently purchased a SFH (4 bed/ 3 bath) in Plano via First Home Buyer/owner occupied conventional loan and am renting by the room.

Asking price is $4M, based on $7M in sales, $1M in assets, $2M in inventory and $1M in net revenue.

After rehab is complete, you can work with a lender to do a cash out refinance and get into a conventional loan where the interest rate will be lower.

The markets I invest in have tightened up and there is a lot less inventory to choose from.

I want to ensure my taxes are solid, since I would like to be able to qualify for a traditional mortgage next year rather than continuing to work with hard money lenders due to the rather high interest rates I deal with(I still make it work, but of course more profit to be made with a conventional mortgage).Thank you!

Montage for investment property through a conventional bank.

The truth is, about 99.5% of lenders who offer conventional mortgages in the US won't lend to someone who isn't based in the US, even if that person is a US citizen living abroad or works for a US company.

Basically no inventory . 

Manufactured (what used to be "mobile" is actually built to a stricter code that stick built, which causes a need for more wood).Most modular home companies use the same building materials as a conventional stick built home...mainly for ease of repair and ordering materials.

Many hard money lenders are hesitant to provide loans solely for land acquisition, and conventional loans have been somewhat limiting, especially for land deals.What is best strategies for raising private funds.