In my opinion, the problem here is that the original quote was just unrealistically low.

We need this house rented to lower our DTI.We want to buy small MTF in the future to househack in CA using low downpayment maybe FHA loan.Thank you in advance

Taxes were low and the tax buyers typically didn't buy those fifas because they knew that owners had abandoned those houses and they'd just be sitting on those fifas. 

This is essentially anything that is not considered "Low density" residential.

I don't want to have to refinance due to a very low interest rate on this property.Are there other suggestions if quit claim deeding this isn't an option? 

Since my capital is low I was planning on utilizing my credit cards to fund the rehab.

Hi there,Me and my two partners are growing our buy/hold portfolio in Jackson MS, but are looking to take cash out of our current rentals so that we can invest into new properties. 4 of the 5 purchases were in 2023, so we're fairly young in our journey.Issue that we're running into is that most lenders tell us that the value of our houses are too low.

There are a ton of local banks around me that offer owner occupied low downpayment loans but are portfolio lenders for these types of products meaning they hold the loan in house.

Beware of anyone on social media offering 100% financing at low rates.

I am in the process of exploring financing options for my first deal and I came across the idea of government down payment assistance grants.From what I read, these grants can be used to cover the down payment on a low money down loan such as FHA loan, which I was planning to utilize anyway since I will be an owner-occupant.Has anyone used this in the past?