However, typically if you buy cash, that percentage tends to be lower than if you borrow.

It is then up to the borrower to make their own intelligent decision.Sorry for the rant but had to be said, for the benefit of others.

I'd offer my assistance for the exposure and experience.

Unless your friend is very rich and is not worried about waiting a very long time, you would normally refinance and return the borrowed funds (plus interest, if any) if you looking to hold on to the property as a rental.

Actually, I used to be an assistant cost estimator for construction projects.

I'm looking for DC licensed contractor with 203k experience to assist with a SE DC Building that needs various work.

have a borrower who doesn't have insurance and is way behind on payments.

Or you would recommend for a virtual assistant in the whomesale industry??

PM me if you need assistance.

Sitting down with a lender and gaining information will help you both and the lender can coach you.Plus if you not looking to buy until next year there maybe grants or down payment assistance programs you can get ready for so when you do buy you have them in your back pocket to assist you getting you that investment