Don’t waste your time with the large banks, you’ll never get to the right person unless you operate a hedge fund and are going to buy hundreds at a time.I found small local banks work the best.

To have a low maintenance property 3.

About 680 per month after 3.5 yrs it would be just cash flow . taxes on the property are low.

Personally, my investment funds will be targeted elsewhere for the foreseeable future. 

I use Independence Title for all deals that I fund in Austin/Houston. 

@Nicholas A.yes, i invest primarily in the Pittsburgh area.I'm not an expert on appraisals, I've just had them come in "low" multiple times for various reasons. 

But that's a relatively low sample size there since we don't get many VRBO bookings there. 

Otherwise, you could potentially do a Debt-Service Coverage Ratio purchase or refinance to get the necessary funds which would be a cashflow based lending option for investments. 

Course, I'm sure you know, the SBA doesn't actually lend any funds towards your business, they just underwrite & (partially) guarantee the actual lender who is loaning your business the monies.  

Some are forgivable at a rate of 20% per year and after 5 years they dont have to worry...Others take 15 or 20 years before it becomes 100% forgivable.Some are not forgivable at all...With this deal I would be less concerned with equity that exists and more concerned with the amount of that equity can the "Moderate To Low Income" of a Habitat Homeowner support in loan format.I am almost certain that its possible but your going to want to know the terms of the DPA/ Grant so you're aware of the actual cost and you have to see what the DTI looks like to see if it will fit what theyre looking for.