It will be factored into your DTI ratio however, so your payment amount will affect how much you can afford for a home.

The entry fee on these is typically about 10% of the purchase price + closing costs. 

I am an agent so RE fees will be low.

So if you have good credit, and the asset is good and the deal is good then 90%/100% isn't out of  the questions.So let's say 97k purchase, 60k rehab, ARV 220k.If you get 90%/100%Loan amount 147,300 (87,300 + 60,000)Your down payment: 9,700Origination Fee: 2% - 2,946Service fee: This includes a legal fee, underwriting fee, processing fee, etc: 1,500Title Costs: 1,000Insurance costs: 500 - 600Interest Rate: 11.5% - 12%Payments: 1,000 - 1,400 per month.  

The pull back in these markets is due to a confluence of many factors, but it started with these environmental factors:Low interest rates and easy financing for new projects.Structurally high rent growth on existing inventory.High wage growth and high job growth.Very low vacancy.These factors led to floods of institutional capital coming to these markets to snap up existing multifamily inventory and build new supply to meet demand.For these markets, the last 5 years have been a seemingly never ending party!

However, I'm curious about the underlying factors that make these properties available.

If you wanted to do that, I would just factor the missing months and spread it over the 9 months.

Most DSCR loans will carry a  5-year penalty, so I suggest waiting until that is over before paying more than your minimum payment , or you will incur additional fees. 

Also, there is usually a "hammer fee" which is a % of the total purchase price to be paid to the auction house by the BUYER.Again, you can get good deals this way and you actually can tour the property beforehand so you generally know what you're getting into.

Lowest fees?