Hard money, then a conventional loan How did you add value to the deal?

Should I get a loan or seek private investors?

@Ellie Narie to build a home would require 2 different loans or a "one-time-close" loan. 

Budget and financing options should be considered, including conventional mortgages, FHA loans, or renovation loans.By focusing on these factors and conducting thorough research, you can narrow down your search and find a vacation home with rental income opportunities in the Orlando area.

The FHA loan limit is $621,000.

So we left the name out of the loan but will include in the title.

To find places with high rental demand, good economic circumstances, and room to develop, conduct in-depth market research.Examine your alternatives for financing, including conventional mortgages, private lenders, FHA, VA, and partnership loans.

Purchase price: $915,000 VA purchase, sfh, 1st floor fully remodeled for sale, incentives in purchase - 15k cash credit (paid warranty policy, outstanding HELOC, loan fees).

@Liam Willderyes, you can generally refinance out of a DSCR loan and into a new loan. 

If they are financing the purchase with hard money loans, they would need to acquire the property at 70% to 75% of the ARV minus repair costs to maintain that profit margin.