I've done this several times, in various states, and things vary depending how flexible or conservative your lender is and possibly whether you're dealing with personal lines insurance or commercial lines.

The rates will be higher and terms shorter (5-6% interest and 20 years term), but they have a lot of flexibility to lend on properties that aren't livable and need rehab.Their incentive is that they're making more on the interest. 

Be flexible.   

@AJ Smith you have a ton of options to invest in real estate even if you aren't bankable, so don't let the tail wag the dog.You'll want to start calling local banks and credit unions to see what type of flexible loan programs they have for commission or entrepreneurs. 

Renting give me that flexibility. 

He was fast and flexible getting out to my perspective houses and allowed me to make a fast bid with confidence on the place I'm now pending on.

The most flexible for those types of loans are typically private money and hard money.

It’s a great way to create a real estate transaction without involving the bank, allowing for more flexible terms for both the buyer and the seller.

Part of running a business is to be flexible when it comes to strategy.

It really is very flexible in terms.