Hello, I am looking to acquire additional long term rental assets but am running into issues finding a lender that will fund me due to the fact that I had a foreclosure 4-1/2 years ago.750 credit scoreGood incomePlenty in reservesLooking to acquire properties 180k and below with 20-30% down but haven't been able to find lending.Any suggestions?

I additionally will transact on the side but that's neither her nor there.

A lot of our rehab clients set up construction management companies and run the draw deposits through their business account and then leverage the cash flow of the draws to get the additional business line of credit to use as gap money. 

I am deciding between a gut Reno/addition and a tear down to the basement.

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I would not count on the garage for any additional income.

This was a big project requiring new electrical new plumbing bathroom addition new roof Windows, everything.

Your local Realtor association probably offers classroom-style training included with your annual dues.#2 Most lessons come from actually doing business i.e. transactions.

My question is, are those good enough margins after you calculate additional expenses?

John,Is there an un-permitted addition that is holding the additional 300sf?