It may be worth looking into getting some sort of partner that has greater access to credit or loan ability.

Hi BP Fam ,I'm looking at a rental property I want to buy but don't want to put down the 20% on a DSCR Loan.

You would probably have to bring money to the table to get the balance down.If your going to do that you should consider paying the loan down now and asking your lender to recast or reamortize your loan Don’t forget about the tax benefits.

My other option I assume is just to get a construction loan & either purchase the land cash, or lump it into the loan.

For office buildings, Dallas has a significant amount of distressed office space with ARM loans coming due.

@Ed Ma what is the remaining term of the loan?

At least it sits on their credit report and prevents them from scamming another landlord or qualifying for a loan.

Then I would get the bank to loan you the down (800k) on a first lien plus another 100k. all in you would owe 1.7 and walk away with 100k cash to get right into it and fix it up.

If the loan amount is less than 500k, there is a lot less lenders that can do these types of loans compared to 1-4 or 10+ units and rates tends to be higher.

These specific loans allow me to assume/get her off the deed and the loan without a refinance (it's an amazing loan through Mountain America Credit Union) The CG is calculated into the appraised value.