But an analysis of the numbers will show you what your comparative net returns will be at current rent/mortgage rate. 

Reverse mortgage short sales are very simple.

I can also recommend a fellow investor/lender and a hard money lender too depending on your exit strategy.

With long term rental, we coulnt cover mortgage at all, with short term rental, there was possibility to cover mortgage ans sometimes it did. 

Here are highlights of the program right from their website:Program Benefits-A 30-year fixed interest rate mortgage loan, several rates and loan options available-Down payment assistance (DPA) 3% to 5% of the loan amount-You do not have to be a first-time homebuyer-DPA provided as a grant (never needs to be repaid) or 3-year deferred forgivable second lien loan-Available statewide through a network of participating lenders.

If you live in one unit and rent out the other, you can cover some or all of your mortgage and expenses with rental income.

This market is a true vacation rental market.  90% of the owners here are not investors like you and I are, they are just people who vacationed to the area and thought "I can have a cabin in the mountains and throw it on a local property manager so I don't have to pay my mortgage out of pocket."

Some lenders can refinance a hard money loan after 3 months of seasoning / waiting and use the new appraised value if the borrower is looking to pull cash out for a new project. 

You will have to find a property, then find a lender.   

Hello! I am currently renting out rooms to friends (all moving in/out at different times) and need to get a lease together.When I buy my next primary, I want to be able to use my current rental income to get approved ...