Thus, when the loan comes due, the property could easily be worth less than the loan amount, leaving the owner with very few options, none of them good.  

So in this case if you closed the purchase with a DSCR loan, assuming a  Straight 5 Year PPP structure, On year one if you do a Cash Out, the DSCR lender will penalize you with 5% of the loan amount for paying off their loan early. 

Got a deal on a house$150-170kRealtor gave estimate for listing at $199kArv is $285-$315kTrying to figure out how to swing it Scenario : guy I know will front the cash to me to buy it for a cash deal but short term loan basically. 

I may not have enough to win a court case but I have emails of him needing certain documents like the BK balance and loan number which I found before it was too late and saved the deal because I knew it was public record Quote from @Marcus Auerbach: This sounds like a real dumpster fire.

Construction loans are different than mortgages. 

Loan Buy Down4.

What loan would suit the purchaseIn my early 30s, I often wished my parents had told me to buy a house at 18.

I'm assuming you would need to seek a whole new loan?  

Using private money to pay off the deed then looking into equity loans to rehab and purchase other properties.

Lennar Mortgage which now offers DSCR loans.