Every lender can be different but there are options that allow as little as 10% down and 100% of rehab financed. 

My questions:- option #1: rent it out on a month to month basis until the bank forecloses with full disclosure to the tenant.

If you are looking at more DSCR type options for a stabilized property, then you can layer in market or actual rent, taxes and insurance estimates to calculate DSCR rate.

More context: I need to have a small kitchen in that bedroom so not sure how to get a permit for 2nd kitchen if the option C is the most logical.

Hi @Adam Davis,While you may not qualify for a conventional loan, there are non-qm loan options that can go off of your bank statements and credit score without having to verify your tax returns.Your thought of getting the loan and only paying when the house sells is not an option.

Lease Options: This is better than a typical lease because there is an expectation that they will buy and in many cases, you can make the tenant responsible for some of the maintenance and also you get some option money.3.

Another option..

What financing options are out there for us to take financing against one of our properties being non US residents with no credit history?

Maybe that’s an option too?

Hi Ryan,There are investment property options for conventional, but the down payment will be higher than owner occupied.