House hacking and FHA loans is a common strategy.

Secured personal and family funds3.

We currently have a bridge loans for two portfolios that we need to refinance.

Deal #2 - MLS property using conventional loan with purchase price of $240k, 10% down, 7.5% interest, will need about $12-15k in updates/rehab.

She is insistent on using her security deposit as last months rent.

I only heard about Partner Driven last year and so far so good 👍🏼 As a licensed REALTOR and loan officer, I knew the traditional buyer pool was going to shrink due to the looming interest rate hikes.

What is your ultimate goal for this loan?

I see lenders going down to $50,000 loans today which comes out to an ARV of about $67,000.

I terminated the deal because the Seller had been so difficult I did not feel secure in paying the upfront prior to closing expenses.

But the refi will likely cost you $3,000 - $5,000 - so there goes a good chunk of change that maybe you can refi into the loan... but it is really just a hit on equity.