How do lenders usually approach transactions involving tenancy in common? 

To use our remaining VA entitlement and put down as little as possible (without paying PMI), and quoted 5.375% interest by Meritage's preferred lender, our estimated cash to close is $72,000. 

You may find something there.If you find a file you like, be sure to leave it a review! 

Definitely a question for a lender however this seems like a good option given your capital situation. 

These properties are very low value for most lenders.

I would recommend building up your cash up first as most hard money lenders will only allow 70-75% LTV for a first timer.

@Noel Dixon The most overlooked thing I see when people talk about assumable mortgages is that, if you can get approved by the lender holding the mortgage, you will need to bring the difference between the loan and purchase price in cash.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I've gotten some mixed reviews....Originally posted by @Jean H.

Developers are eyeing dormant projects, while banks and other lenders are preparing to replenish their loan portfolios.