This rich area lets them buy buildings with many homes without paying upfront and at good loan rates while also using their VA loan perks.Good luck!

With a  7% interest rate on that loan you are looking at just shy of 4k per month or 48k per year on debt service.  

I work with out of state investors here on the Mississippi gulf coast and we are still finding cash flowing deals even with these higher interest rates!

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.

That may make sense when rates are at 2.5% but it doesn't make sense at 7%.

It's not a magic bullet to solve all operational needs, but the process works very well when a remote team member at a lower labor rate fits into the needs of a scaling business.

Interested in flipping a home that would qualify based on HERS rating + energy savings and would like to partner with a lender to market the property as eligible for EEM.

High construction costs and interest rates?  

Builders will also offer rate buy-downs for investors lowering the monthly expenses.

There are discount listing services.