Personal loan for the rehab.

(Loan to Cost) Can you find a private guy to lend you high LTV for short term?

Current Loan Balance: 100,952Interest rate: 3.75Mortgage payment + insurance/taxes: $1066Rent: $1500/monthEstimated current value: 227k Current cashflow: $369/ month, I also have a first american home warranty on it $68/month so after everything I net about $300/ month. 

I never applied for a Unit that big and was wondering if I should try to get a loan (even though I don't get much income right now). and if how what is the process, is there a way to get the loan without putting money down, etc. the only reason I am asking this is I have no experience in this and it practically me jumping from one house to a 14-unit and am trying to figure out if this is a right move. 

We took over a seller's loan, paid them some cash and began to rehab.

Our financial support demonstrated our commitment to providing the necessary resources for successful real estate investments, enabling a smooth and profitable transaction in collaboration with our partner, Mike Hardin.

I want to buy it with a conventional loan with 25% down and then take out a heloc that will allow me to go up to 90 cLTV.  

Determine what your financial expectations are for an investment property, run your numbers very conservatively (and for gosh sake, include room for unexpected costs, even on a new build) and then see if it makes sense.

The loan for your acquisition was only entered as a 1 year loan?

Let's say the loan is $3m.