They may also take into account the income potential of the 4plex once it is completed.It's important to speak with a lender who has experience with construction loans to fully understand the process and requirements.

Long term aspirations for the lot is to use SB9 to split and add 1-2 additional units.Learned a ton through this process - such as negotiation, deal underwriting, renovation estimates, contractor management, etc.

However, if the property is tenant-occupied, accessing it for renovations might prove difficult.If your intention is to purchase a distressed property for value addition, I would caution against acquiring properties with existing tenants, as this can pose challenges in the renovation process.

The key is having a trusted team on the ground that can help you through the process.

Both VA and FHA loans are assumable, though the process and requirements differ.

At that point you do not have to accept any more money from them, and can continue the eviction process.

I have the means to buy the property myself but I worry about my parents retirement and would hope we can rinse and repeat this process a few times and help them get some extra money for their retirement.

It's a user-friendly platform and the listing process is smooth.

Happy to chat more during your process via DM if you'd like, I think you have a lot of potential! 

Are there specific sites or processes to get into the list for  Fort Worth and McKinney to to list your property as a rental for section 8 tenants?