Private Loan How did you add value to the deal?

I plan to utilize some cash, margin loan, 401k loan, and a HELOC as a down payment.My first house hack (now an out of state investment) has a Zestimate of $530K, and I have $266K left on the loan.

I also tried to install it today and couldn't find it in the app store.

Do all your due diligence upfront (see if you can get an inspection done before submitting an offer)On the lending side a DSCR loan is an option.

They are a legit lender, we have bought loans from them.

If you're worried about cashflow, why would you do a 15 year loan with a higher payment -> meaning negative cashflow?

Get it under agreement for less than asking price and offer to bring the loan current and have them carry that loan.The way I see it is they are just getting MLS properties under agreement - the last five I looked at had been sitting on the market for more than 150 days (overpriced) because the payoff of the loan would not be satisfied at lower price point. 

It started as an FHA loan but had to switch to conventional.

This is an Interest only loan product that typically lends at 65% ARV. 

@Richard Schubert can you get a 401k loan?