Luckily the property hasn’t gone down in value so the lender lists it for $400k and gets it.

You can build your own team i.e. title co, insurance, pm, contractors, handyman,process server, lender etc.... or you can find an operator who can get you going in that market while simultaneously building out your team.Section 8 housing is a great way to ensure consistency with rent payments however not all tenant who have HCV pay 0%.

The primary thing you're going to run into is whether or not a lender, at purchase of the property, will allow there to be a secondary lien on the property.

https://raddiversifiedllc.com/aboutWe are not lenders.

However, many lenders offer only the 7A, so you'll have to shop around.

@Adedotun Kembi Most lenders will only lend a total of 65-75% on a rental and at much higher interest rates due to the higher risk.

Talk with some securities attorneys, brokers, lenders. 

Hi Michael, we're a national lender, so if you need financing in either locale, feel free to reach out!

Our lender license number is 60DBO-64540.

You can actually use more than just a DSCR loan here if you cannot validate the minimum credit tradeline overlay lenders have.