Many people buy a house with a FHA loan and then turn it into a rental but it doesn't mean it's always allowed.

The provider I am using allows for 60 days of continued coverage once construction is completed.

This allows you to purchase a place at 5% down and renovate as you need to.

Pooling the funds together allows me to maximize every investor dollar and minimize idle cash.

SizeCracks wider than 5 millimeters (0.2 inches) are a cause for concern Cracks wider than 15 millimeters (0.6 inches) may indicate a serious problem Cracks wider than 25 millimeters (1 inch) could be a sign of structural damage Location Cracks above doors and windows, Cracks near the ends of walls, Cracks where walls and ceilings meet, and Cracks that allow daylight in.

@Samuel Kim - please contact @Chris K. privately and allow him to show you how you can benefit from this wonderful strategy that he implemented for his many health professional clients.

Can anyone on this thread recommend a DSCR lender who allows Padsplits?

Do you mind sharing the name of that type of loan/lender that allows you to have the seller carry on a second position?

There are also 'mezz' lenders (typically for larger transactions) who will cover up to 90% CLTV and require you to bring the remaining equity to the deal, and additionally there is Gap Funding in the form of unsecured personal debt.The latter can potentially be the most expensive option, but allows for true 100% financing as there are no restrictions for how to use these funds, as they are unsecured, and generally obtained through personal credit, income etc (since there is no collateral for obtaining these funds).

Network StrategicallyReal Estate Meetups: Attend networking events to meet potential partners, mentors, or funders.Professional Organizations: Join groups like the Urban Land Institute (ULI) or the National Association of Home Builders (NAHB) to connect with developers and investors.Pitch Events: Look for events that allow you to pitch your idea to angel investors or venture capitalists.5.