Hi @Raymond Kalonji I would follow what all have said here, but I want to highlight one thing while working with section 8 or any other tenant is very important "timely communication".

Quote from @Samuel Coronado: Quote from @Jordan Moorhead: You can use local banks and there are national lenders.

Home prices have doubled in the last ten years and we are still well below the national average.

Hi Iris, I work for a nation wide mortgage lender and we do DSCR loans as low as 75k.

Talking to an appraiser early is a smart move—they can guide you on what improvements will add the most value.Don’t forget to fix any deferred maintenance and highlight unique features like tall ceilings or original hardwood floors.Let us know how it goes, and feel free to ask more questions—we’re here to help!

@Peet BothmaHi, I'm working in MILWAUKEE.Do you have a recommendation for a lender for refi cash out for foreign national?

I would guess that this is a trend nation wide.

this works well if the tenant is a national user or multi unit operator who has built these buildings many times. 

Look at Nuvo and their research, mentioned here.https://therealdeal.com/national/2023/11/02/multifamily-firm... 

I'm in Orlando and active in residential real estate as a Realtor® and also serve on the board of CFRI, the local chapter of the National REIA.