I assume the lender capped your loan amount to 75% of the ARV?

If I have a garden unit in a Zone X (non-flood zone) that experiences some hydrostatic pressure seepage on those huge rain events, does this qualify as flooding?

Like many new investors, I had little cash and no access to traditional lenders.

And a lender.

@Austin Williams what lenders probably won't tell you right now is the BIGGEST benefit of your VA loan is an assumption!

It’s not easy to look past the skeptics, but your approach clearly paid off.As a Direct lender, I appreciate seeing how you creatively structured the deal with owner financing for the purchase and private money for the rehab.

I found Rehab Financial as one of the best hard money lenders in Philly, but I was wondering if any of you have worked with them in the past.

There are limited exemptions such as if you inherited the property where it would be allowed.There are technical means to navigate the 90 day rule but your best bet by far is to talk to the lender and let them know the situation and ask for their direct guidance.  

Contrators suck and you have to stay on them every day Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?