Check out a 203k Rehab loan (you can get significant amounts of money, but from what I hear you'll want a "streamlined" version that will give you 35k or less).If you dont want to use a 203k, I think you'll need to do more of a live-in flip, as FHA needs to be owner occupied, and there's a seasoning requirement (I believe) of 1 year - or you need to "intend" to live there 1 year.

There's another loan they offer called the VA Streamline.

Inventory is low so naturally the momentum shifts outside the district.

The risk then shifts very heavily to getting all local municipal entitlements and then being able to execute the project within budget.From a lender's perspective we are going to look for experience in the developer to get the project done on time and within budget as well as any firm commitments to lease the property.

You're right in that there's a mental shift that takes place.

I am looking for something to streamline the process, keep track of the books, and help me be organized and efficient in my business.

@Troy DurretteDepending on how you structure your LLC (talk to a lawyer or CPA) all the tax burden is shifted to the partners.

It definitely streamlines the offer process and the commission check doesn't hurt.

During the inspection there were a couple red flags that they found;- The foundation has cracked and shifted a little in 4 places.

We only use a few functions and probably could use it for more potential streamline.