They will need to offer conventional and HML as well.Thanks.

Some conventional lenders are taking on the same requirements.I wasn't aware that all conforming loans require it, as Jim stated.

.), you might want to consider going conventional...80 ARV/rates in the low 10's with 3-4 points...Regards,Scott Miller

Be mindful of title seasoning issues specific to the lender you work with; a majority of conventional lenders require 12 months, but there are a handful of cos. that offer <12 months/< 6 months/no title seasoning to address this component of your plan.

My credit isnt' the best and this house is kinda expensive, so I can forget getting approved for it with a conventional mortgage.

I dont think that they would be able to get a conventional loan, because of their student loans, so you could use that to your advantage.

If you have an s-corp, then you want to have this company doing the ordinary work, like buying, rehabbing and selling houses & inventory.

There is a conventional loan program that allows for up to 80 ACV (after construction value) for rehab, guts/build outs, teardowns, etc. if you have a 641 mid FICO.

interest only can be a good way to keep your expenses down if you're doing a quick rehab, and then selling or refinancing a hard money loan with a conventional.

In many parts of the country, the inventory is rising and the market prices are beginning to fall.