But, the cash flow loans absolutely exist and we do a lot of them.

It will be residential renovation of existing single family homes instead of building a new home on a lot.Sent you a connect request. 

Leave the existing and "encase" it. 

I want to get a fha 203k loan and just learned that I maybe able to use 75% of existing building rent income to add to my personal income for qualification.

Was it a pre-existing problem that has just gotten worse in the past year?

Deals are hard to find but they do exist.

Has there ever been a time where anyone did a deal sub2 the existing mortgage of the seller and in the duration of the time of putting the deal together with the buyer.. had to pay the mortgage yourself out of pocket for 1 or 2 months?

@Ozzy Sirimsi  @Tim Youse @Joseph Abad Appreciate the tip about # of tenants in Towson, looking at the zoning laws : "After the effective date of Bill No. 124-93, a new boarding- or rooming house is not permitted next to an existing boarding- or rooming house unless permitted after a public hearing pursuant to Section 408.B."

Is it a good idea to purchase an investment property using the equity in my existing home? 

I believe there is also a minimum equity required in your current home, to be able to count the anticipated income, or even existing income from it.