The description kept mentioning a fool proof system, and then the pricing for it was exorbitant.

Almost all lenders require at least 20% of the lower of appraisal or purchase price to come from the borrowers own funds.  

That percentage was 4% before the pandemic sent home prices rocketing nationwide.

This makes the home more accessible to a wider range of buyers, increasing its marketability and potential sale price.

5+ units DSCR or commercial mortgages. each one is used for different things. really matters purchase price. location of property and your physical location. dscr looks at the property and your credit score. commercial bank looks at you and the property. tax returns, w2s DTI. then the property needs to cash flow enough for them. dscr is a bit more lax but higher rate.

I’m seeking to add a local team member who is knowledgeable about the local market and can help navigate the opportunities here.

Hopefully, at the end of this journey I will view this problem as more of an opportunity, as I am sure there are plenty of other cigarette smoke-filled homes waiting to be restored. 

There are no price controls on home improvements . 

If it's too much you can always move your business to small local banks / credit unions but there is another price to be paid.

Purchase price: $380,000 Cash invested: $60,000 Sale price: $525,000 I was asked by the realtor to give the owner recommendations on what would help the sale of their home.