I found there was loans taken out using a 3rd party that was disguised or hidden on their taxes.

You can also get a personal loan up to $50K which typically is to pay off credit cards debts, do renovations etc, but it can also be used as a down payment.

That $50-100 nightstand will cost 2-3X+ more once you factor in the labor for someone to assemble it, multiplied by 2 for every bedroom.

@Jake Posner- thanks for the post ...if you plan on needing financing for the rental proeprty - make sure to get  fully pre approved  for the hypotehtical  scenario you are planning ...use a loan officer or lender that is licensed is all the states  you are looking at . thanks 

SorryCheck like a 203B loan

Also wondering if I can get a second loan (Commerical) looking to go bigger with a 5+ unit building using the 75% of profit from first one. 

Not really necessary.You will need a commercial loan refi with higher interest and maybe more down to cover it.

Here are some reasons not to sell:- 2.7% loan is very low by today’s rate.  

Get the cost analysis and blue prints done and work it out with the construction loan committee and start the work draw phase.The other options which can be a little easier is buy a home that will pass an Inspection/appraisal and not be "Subject to" but does need a lot of TLC/renovations and do it yourself.

If the buyer got a loan from a traditional lender to get to the 75k number, would that automatically put me in a second position on my seller financed note?