So a loss of about 55k We did a lease to own option so I could immediately take over expenses but keep their primary resident loan and interest rate.We agreed to a deal which would cover all their expenses at closing, their remaining loan balance, and $45,000.

Hi Shayan,It definitely doesn't hurt to get another quote from a different GC for sanity check.DSCR loans won't work if the property is not rental condition and it won't fund any of your rehab budget.

Conventional loan with a 20% down payment.

There you will be asked your criteria and then after answering a few questions you will be matched with 3-5 agents or loan officers in your area.

A rental market analysis can reveal demand trends​.Secure Financing: Lenders offers tailored loan programs for multi-family, mixed-use, or fix-and-flip projects.

Depending on your current rate or if the current loan is short term or long term.

While it provides opportunities for buyers who may not qualify for traditional loans, it's important to ensure affordability and long-term sustainability.

Plus moving to your house will allow you to take advantage of the best loan programs!

I forget It was likely a mix of private and traditional loans I just don't recall to be honest nothing illegal. 

Learn local landlord-tenant laws, FHA and VA loans, and property management software to streamline rent collection and maintenance.