SubTo is taking over someone elses loan.

Give me a shout if you have questions, but here's the short of it.Best financing is going to be from a bank or a conventional construction loan.

Hey Everyone,I have a potential investor I've been working with that is planning to use investors edge for their loan.

Speak with lenders - and consider that although they might agree they could lend to you today - they might not be able to when you need the loan.Unless the existing debt has no due-on-sale provision, there will always be a risk of the underlying loan being called.If it were to be called due:1.

The sale failed and he still owns it.One of the potential solutions is to use an SBA 504 loan for the real estate. 

What they will offer you is an appliance package, or closing cost help, or a low fixed rate loan. 

Purchase price: $302,500 Cash invested: $5,000 Utilized VA Loan for a House Hack for my first Rental Property.

$600 a month wouldn't be enough for me and serial refi costs money, generally loan time also. 

@Cody Caswell there's several things to ask about here that might not be answerable in a forum:- Why do you need an FHA loan?

I spent years there in Jackson did probably 1000 flip loans to locals and owned at one time 200 sfrs..