I think that is the biggest gamble here.

Reach out if you have any further questions about COVID guidelines or other property management concerns.

That was the question We're looking also 🙂The answer is in the thread.There are several lenders that lend on sfr portfolios, but there are guidelines that need to be followed, particularly individual property values. 

Single family home or multifamily they both have different guidelines on the maximum allowable rental increase.

Luis,Smaller banks and credit unions have very strict guide lines and overlays. 

The reason most lenders won't consider it is because it does not meet the Fannie Mae or Freddie Mac federal guidelines.

The lender is very important because they guide the 203k to a successfully closing by knowing all the rules, guidelines and processes.

I personally would rather have the physical asset that builds equity but is seems more of a gamble to bank on that with a low or negative ROI.

My first 203k about 11 years ago was really, really tough b/c me and my client could not find contractors who were willing to work with the FHA guidelines.

Any licensed, bonded, insured, experienced residential contractor can do the 203k, but that doesn't mean they actually understand the FHA guidelines, timelines, paperwork, processes, or procedures.