The buyer has proposed 13% downpayment, 4% interest, interest only payments for 3 years and then interest only plus $1000 for another three years and then loan paid in full. 

Also, if you have a handyman and a 6 foot concrete pad, you can have a bike rack installed for $60.

Been listening to Real Estate Rookie and BP channel for a little bit now and this is my first time posting in the forum.I’m currently living in WA State and own a home that is under a VA Loan.

It is not regulated compared to your traditional conventional /FHA loans.

The bank from my understanding will be writing off a loss on this loan as there is not enough money to go around.Here is where it gets interesting, there is a second lien on the properties from a seller of a hotel that the current owner of the 21 unit bought seller finance. obviously there is not enough money to get this guy paid off as the bank is already taking a loss.

Depreciation is a loan, not a freebie. 

They were installed to code and are oversized for the square footage. 

Hi Chris, You can look into DSCR loans for investment properties. 

Dealers cannot do 1031 exchanges, cannot do installment sales, and cannot take depreciation, all of which are reserved exclusively for "investors" who are not considered "dealers".  

Now with that, I would want to go in fha203k loan or simply fha.