As a loan officer, I'm here to help guide you through this exciting journey.

A lender usually a DSCR loan from a hard money lender.

It sounds like you should be in a very good situation but I would need to know more details about your investment. 

Hi Alvaro,I have found myself in this same situation as well.

What will be your living situation? 

What's up Jay,Given your situation, here are a few strategies you could consider to secure the rehab budget while respecting the seller's desire to maintain a first-position lien:Home Equity Loan or HELOC:If you own your primary residence or another property, consider tapping into its equity through a Home Equity Loan or Home Equity Line of Credit (HELOC).

Check in with @Joseph Chiofalo for low down payment and strong investment property loan options.

Best of luck resolving this situation.

We are going from a pretty normal living situation, to a MUCH more complicated one, and we'd LOVE your advice.

This shocking truth opened my eyes to the importance of maintaining an accurate and up-to-date financial statement to secure financing.To navigate the world of real estate financing, it's essential to recognize market preferences and loan-to-value (LTV) restrictions.