Hi BP,I'm looking at a house that I've been eyeing for a few days. It's a total gut job but I believe it's priced accordingly - I'm going with a contractor today to get some numbers since the area it's in houses have ...

I am a Veteran and trying to assume the loan from my sister in law who is also a Veteran.

Hi @Somesh MukherjeeFellow lender here - Not sure where you are in the process but as Matthew said - location is top priority, not just in terms of the tenant pool but depending on the loan program you're seeking (say DSCR), the comps in the area can also impact your appraisal and what rate and term you'll qualify for.

Chris,For non owner occ loans in CA or commercial loans if you wish to pool investors one way to do it is through a CA RE Broker who can legally fractionlize a single property into 10 or less co lenders as to thier % interest in said loan. 

I have no experience in commercial loans.

The cost of the loan is so expensive that there is no room for much of a profit.

I'm looking at what options I have to pull equity out of other rental properties I have.Does anyone know of investor-friendly lenders that service the San Antonio / South Texas area and will allow home equity loans or HELOCs on rental properties?

- Investing with a Friend: Tips on structuring partnership and legal/financial considerations?

Other than that I have perfect payment history.Debts:Storage unit-         $190 monthPhone bill-             $160 month (i pay for my moms phone)Truck payment-   $1150 month (owe $58,000) impulse buy, and may be able to sell and get out of loan if needed. 2.9% interestStudent loan payment-    $150 month.

Hey Christian, most flippers fund their flips using hard money bridge loans.