Haven't had to go all the way yet because the cash for keys agreement has done the trick for me.Cheers!

I prefer to look for another source of a private lender based on the deal itself not looking for banks or credit based solution or id already go that route. 

Hope this able to give you a little info from an outside source. 

I use a variety of sources.

The big key in commercial is the value add aspect... 

Hi all,I have been a real estate investor ( buy and hold for past 12 years) learn a lot from BP.I Speack perfect chinese and fluent in English, wondering if any opportunity to work with good reputation term key company that want to target on over sea chinese as well as first generation chinese who lives in City like New York and CA to buy turn key or high ROI property in OOS.In New York I see them buy one million dollars condos that’s rents out for 3-4k per month .

After reading numerous posts and blogs, it has become clear that having a mentor is a key to becoming successful in Real Estate investing. 

I would just like to point you to the “authority” source against which you may want to verify responses you receive even from certified experts:https://www.irs.gov/publications/p547I wish it were an easy read.

In your case your best option is probably non conventional mortgage, aka private lender or some other source Good luck !

My advice is have another funding source lined up.For your situational awareness, the FHA loan while less attractive will let you count 75% of appraised rental income toward the purchase.