Thanks all,Hi Matt, here are a couple of other options on a DSCR loan for a 30-year fixed.

so it was an accidental flip.typically for your first few deals, you'd take out a hard money loan - and so you'd probably still need to (1) put 10-15% down, and then (2) make interest only payments during the rehab.  

The investors I know that use the common approach of putting 20% down and using new loans from a bank are choosing to invest in Ohio, Indiana, Georgia and other less expensives states.However, folks from CA find using creative finance to invest in AZ are making big bucks.

My math has all been conservative and assuming no appreciation/increase in rent/loan paydown which makes CA rent/own ratio's look bad.

However after running the cost it would be a 25yr loan of $33,000 at 5.99% and the monthly payment would be $150. 

I just purchased my first property with a 2nd home loan in Savannah Georgia that I am running as a short term rental.

Should the $10k loan be a lien on the house?

I will likely have to contact an attorney, but first I will contact another loan servicer that I recently found, to see if they want to take this on.

Greetings BP family,I recently passed my SAFE Act exam and am ready to begin building my book of business as a mortgage loan officer / originator in Virginia!

Small little clues were dropped throughout the process that made me finally figure out he wasn’t licensed.