It may or may not show on a credit report, depends on the servicing and you should have the loan serviced.Failure to include the debt on a future loan application is mortgage fraud, wanna go to jail?

Finally, even with a substantial discount, the house may not be worth it.

.🔹 Creative Financing – Traditional loans don’t always work for distressed properties.

Try to get preapproved from a local loan broker or Co-op. 

You have an excellent jump start- the VA loan is such an amazing tool to get the ball rolling.

And of course one of my main business's i providing debt ( in a JV format not a loan format) for flippers and investors so we have no debt on our projects.  

If the loan is being paid the seller/previous owner has no reason to want off of the loan.

Here in the USA you need what's called a "construction loan" and it's also very hard to find a company that will insure you if you're a newbie.

There are services like Blockfi, Unchained Capital, and many others will will give you a short-term loan backed by your crypto assets.

I argue that more money in the hands of the rehabber makes the loan safer.