For a 203k loan, you’ll want to target areas that have properties needing work but also a strong potential for appreciation after rehab.

You could structure the deal as an installment sale or a lease option so the property owner doesn't see a large capital gain tax payment for the sale.And good on you for helping out!

Hi Stacie, Have you looked inot DSCR loans?

A reasonableness standard is applied to negligence claims and I would argue a property owner who owns real estate in the Poconos and knows the property is left vacant due to the owners decision to lease the property as a short term rental should know that the pipes are more inclined to freeze and therefore should install heat tracing lines or other measure to ensure the plumbing lines do not freeze.

If you need to talk about or help with a loan, DM or email me!

Lucy: your story shows that setting up a loan is more than just interest rate and other terms.

5% Downpayment on a Conventional Loan How did you add value to the deal?

FHA loan with 5% down, plus a seller credit of $8k How did you add value to the deal?

I am a VA loan specialist with The Veteran Lending Team and a proud Marine Corps veteran. 

Loan Amount: We specify this as a percent of the purchase price.