This term replaced "subprime" and looks a lot different than subprime loans of the past.

And you'll have a solid W-2 income to help you qualify for loans. 

The current lender refuses to do a loan assumption. 

@Ryan Daulton,You don't have to buy a house in SDIRA without a loan; you can easily get a loan, but it must be non-recourse.

Minimum loan amount is $250k.

.: I recommend you invest between your two ears as much as possible, whereas 20 K is not going to get you very far in and of itself.I have a masters (student loans paid off) and read 8-10,000 pages a year.

That translates into $208 to $375 per month on a $100,000 loan.

I signed up with them about 3 to 4 months ago, then found out how expensive the loan was to get going with them and told them that I would self finance it instead but they had to cancel the loan first...they use a company called Special Financing Company..the person I spoke to at REI his name is Paul, he said he would take care of canceling the loan, but a month later I realized that they were pulling $599 out of my bank account.

At the current scenario, without knowing anything about you or your properties I will recommend either to look at a loan from your assets using DSCR loan.

So we retired the sellers loan within 12 to 18 months.