I plan to access some of the equity in my home, along with cash on hand, to purchase and reno property.  

Aligning with a mortgage lender that puts their clients first pays off when the going gets tough..and it always gets tough no matter how 'clean' the borrower.

I know there are hard money, and private money lenders, but since it's my first purchase I don't think any of that will work for me.

I've heard of this elusive VA Rehab loan that allows a buyer to purchase a house and get cash to do rehab work.  

Purchase price: $118,000 Cash invested: $30,000 This is a single family property this is rented by the room.

I'm looking to purchase another home or undertake a flip.

Why do you think purchase contracts are so long and have such small print?

Purchase price: $55,000 Cash invested: $30,000 Purchased property was renter-occupied at $600/month at the time of purchaseDid not renew lease with tenant.Completed full Renovation at $30,000 6 days on the rental market before the property management team got a signed lease at $1200/month Renter moved in July.ARV $179,980 What made you interested in investing in this type of deal?

That money goes towards the purchase if made, or is forfeited if no purchase takes place.

With many people's help I recently made my first buy-and-hold purchase of a duplex in Fort Wayne, as an OOS investor!