ThanksBrett, we do flips and rehabs and have several lenders in the area that specialize in ARV "style" loans.

We put the 20% down, but then life happened.

I'm 18 years old and eager to seize all the opportunity life sends my way.

Beyond property owner losses are retailers, grocery workers, dog walkers and all walks of life whom’s livelihood was interrupted.

Is it better to diversify your portfolio in one geography, tenant base, style of property (SFH, Multifamily, Apartment).

As with most things in life, you get what you pay for. 

Here is some key information:Property recently hit the market and has 2 cash offers alreadyThe seller provided a pre-inspection report, which I shared with 2 different lenders, both think it may fail conventional financing due to potential structural and electrical issues (realtor thinks it could pass conventional)Seller has 100% equity but is behind on other payments (not sure of the urgency money is needed)This is my first attempt at an “investment” property so I’m new to thisI see 3 optionsMove forward with an offer using conventional loan pre-qualification-Not as attractive of an offer to the seller-Possibility that appraiser calls out structural/electrical issues that need to be fixed before closing, effectively causing financing to fail- Best terms and fewest loan fees for meUse a rehab style loan such as ChoiceRenovation-Even less attractive than a conventional offer to seller, but less risk of failed financing if appraiser calls out issues-Slightly worse fees and interest rates compared to conventional-Lenders tell me possibly up to 60-90 days closing in some cases, with red-tape for contractor requirements and draw schedules (sounds like the most hoops to jump through during rehab)Use a hard money lender-Most attractive loan option I can give to seller so I can compete-Much higher fees and interest rate for me-need to refinance into a conventional at the end of rehab (not familiar with seasoning periods but I think this is a factor as well)Which option would you do?

Great start to life. 

It is more expensive to buy in Chandler, but I have been moving East this entire time and every time I go a little bit more East I find the tenants are that much better and life is just easier. 

So I would definitely do some independent research on any company that is actively offering life-lines to real estate companies in trouble.All the best!