So I would suggest working on increasing your income, credit score, decreasing debt, increasing industry experience, etc. so that you improve your chances of getting approved by an underwriter as you work towards your goal of obtaining 20% down. 

Someone else can correct me if I am wrong but I think you would have to get approved for an amount they would loan you like a conventional mortgage then you could find a 4-plex in that value.

Also, did you have to get approval from the city to do this?

They're saying it wasn't approved, so REMOVE ALL FLOORING THROUGHOUT THE CONDO.

I am pre-approved for a conventional, 5% down loan, can i use that to purchase at one of these online auctions?

I have a buyer that has 3% down and a credit score above 620 however, he can’t get an answer if he’s been approved.

I appreciate any tips on how can I get the approval so we can finish up the rehab.

He says he can approve investment homes and primary home loans. 

Most management companies will have a set dollar amount that they will perform repairs under without your approval. 

We’re approved for the PPP loan, but when we applied when we understood that multi family owners qualified.