Besides seller financing, I've heard about Non-QM products but no lender has yet offered me this.

Beware of anyone on social media offering 100% financing at low rates.

Off market - Online How did you finance this deal?

In a nutshell, Fannie Mae Homestyle loans enable financing for property renovations alongside a purchase or refinance, while Community Second Loans provide subordinate financing to bridge the gap between down payment and closing costs.

I'm currently navigating the world of real estate financing and wondering about your preferred financing strategies for investment properties.

The reason being most lenders cannot do rural properties and you'd be limited to local conventional financing. 

I am in the process of exploring financing options for my first deal and I came across the idea of government down payment assistance grants.From what I read, these grants can be used to cover the down payment on a low money down loan such as FHA loan, which I was planning to utilize anyway since I will be an owner-occupant.Has anyone used this in the past?

I had wrapped my head around residential not around commercial, But to me the deal seems amazing - you guys tell me 8000 sq. ft building7 storefronts on an active downtown street (all rented and currently have tenants)34 unit mini storage in back lot (29 units rented - the rest of the unrented are being used by the current owner)Asking price is $798,000 and owner is ok with seller financingAfter sitting with them today the owner who is 83 said he is ok seller financing and verbally agreed to $715,000 and a 4% interest rate, 30 year note, $100,000 down payment, no early payoff penalty - my lender and real estate agent both came back valuing the property as it sits at $840,000Income = Rentals ($5075) Storage Units ($1935) = $7010speaking with the owner he hasn't raised the rent on either the storefronts or mini storages for almost 10 years - looking at comparables in the area we believe we can raise the rent and storage units easily to push the income up to $10,000 a month 4 of the 7 Tenants have been there 5 years plusCost = Including estimated payment, taxes, insurance ect. would come to a monthly of = $4450that would cashflow $2560 a month at its current with the potential after purchase and rent adjustments cashflow $5460 a monthPending an inspection the property looks in good shape with little to none improvements needed at this timeA quick background I have had rentals before on the farm we own, three houses we rented out so I have some experience) My QuestionsIs this a good deal???

I have seen before 1031 buyers lock in 3 choices but not get some material while under LOI to see if property is viable for cash flow returns and for financing they would like.

We do close a significant amount of properties with credit unions that finance investors with this 5% loan product, mainly in FL & AL.