My husband and I have recently purchased our first home and investment property using an FHA backed loan with a 203k rehabilitation loan component.  

Typically the properties are sold as is and require rehabilitation loans, or cash offers.

I am looking to rehabilitate properties for rent in order to make a profit that can be turned back into the investing cycle for more properties or maintenance on properties already acquired.  

His mom, the homeowner, is in a rehabilitation program, but she should be back by the middle of september.

Choice #1: Pay off the mortgage $22,000 + Rehabilitation, which cost about $18,000 (i did research,  and own the property.place the property on section 8 ($2500-$3000 monthly profit).OrChoice  #2: Repair the property which is $18,000(maximum), and just rent the property out to a tenant.

If this is a SFH with in law, the tenant has the right to move back into the unit at the prior rent except for any normal increases after capital improvements and rehabilitation of the units have been completed. 

Hello,I am curious as to how I can get the funding to rehab a multi family house that Iwant to buy outright. So no loan or mortgage on it. It is in bad repair and will need a good amount of work before it can be rente...

I believe my love for rehabilitation, interior design, experience in leading various teams, creating systems, and managing students will lend themselves well to the responsibilities of being a landlord. 

Borrowers from participating FHA-approved lenders are eligible for 100 percent financing, including closing costs; Making insurance available for both mortgages and home rehabilitation – HUD's Section 203(k) loan program enables those who have lost their homes to finance the purchase or refinance of a house along with its repair through a single mortgage.

It could be the traditional real estate flip, in which a house is rehabilitated and then sold for profit (borrowers in this area are very receptive to private lending).