@Tonia EdgestonIf it’s non owner occupied you could get a hard money loan to pay back taxes and repairs but these are short term (typically 6-12 months) then you would need to refinance the propertyYou mention this is also in probate - depending also on other debts etc it all may be for not and you may need to sell to pay off other creditors.

We have a HELOC on one of our properties that allows us to get hard money loans.

I believe I know the answer to this one but can you consider rent from an unpermitted ADU to qualify for the loan?

Combination of owner carry and investment loan

He looked for situations with little to no competition to ensure he got a good deal.

For your situation I would investigate some of the virtual brokerages a live broker with the fit feel and learning you after would be best However the virtual options offer deep archives if your a self learner it will come down to ymhiw you work and learn beat and what the brokerage would accept all the bestTim

Hi all, I just received the below term options on a DSCR new purchase loan (780 credit score).

Ultimately, it depends on what suits your situation and goals best. 

I was an investor, and they were the servicer of the loan.

It does not work for cash out above a purchase price.If it's a rehab project, you can get 80-90% out plus 100% of rehab funded, i.e. the typical purchase and rehab loan terms (12-month term).