I have been considering a DSCR loan on the Townhome to get some of our cash out of it. 

It depends if you have a lien on title already (a mortgage or hard money loan), but I would either do this as a hard money refinance or a DSCR cash-out refinance to pay for the reno. 

If you have a bank loan on a property, you can set up a second loan from your lender LLC, to cover the equity above the amount of the bank loan. 

There was NO mortgage information, even though I have a mortgage.Conclusion: The only useful information was my name, square footage, number of bedrooms and bathrooms, and the date of purchase, but all of this information is easily available on Zillow or the online tax records. 

Some people cater to visiting sport teams.Some people like to flirt with risk.....just saw a guy near me get reported for is AirBnb that he used a VA loan to buy, but never occupied it....too many parties, neighbors complained, he still didn't stop it, so they contacted Inspector General and reported him for loan fraud. 

Whether it's online communities, networking events, or any other innovative strategies, I'm all ears :)Looking forward to hearing your insights and getting to know everyone here better.

Additionally, if you got a loan on top of your cash advance (say, you only had enough cash for a down payment) then I imagine you're also paying loan fees twice.This may all be fine and dandy if the numbers work, but is this a viable plan or a total gamble?

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.

I had good success with theRTAstore  online. 

As-is the house is worth about 250k and will be worth well over 300k once rehabbed, but I’m hoping for 24 month loan.