can you invest locally instead?  

Included with the offer is a bank statement showing the buyer has $127k in liquid cash sitting in a checking account at a local bank.  4.

Welcome to BP Markus,These forums are a great place to learn and meet people, whether you're just starting out or you're a seasoned investor.

If you like the house and the area and want to live there and its habitable, go ahead and try to get a plain vanilla conventional loan from the local credit union and mortgage broker. 

The median rent is projected to continue its slight upward trend, reflecting the broader housing market dynamics​​.Key InsightsPrice Growth: Anticipated 9.3% increase in home prices over the next year.Inventory Increase: Slow rise in inventory levels, still favoring sellers.Buyer Demand: Strong out-of-state interest and local job growth driving demand.Mortgage Rates: Expected stabilization, potentially easing affordability issues.Rental Market: Stable with slight monthly rent increases.Overall, the Birmingham real estate market is poised for continued growth, with rising property values, strong demand, and improving inventory levels.

I am trying to reach out to local bank to see if they can give any options. 

I just returned from a local real estate where I had a conversation with a young man named Frank.

Or you can DIY from Facebook marketplace, Craigslist, thrift stores and furniture stores.But is there anyone you can pay to help you DIY, to take advantage of local offerings and your own labor, while still not doing it wholly on your own?

Some examples of strategies and mortgage options that can enhance investment are:- Check with a local credit union to join.

Regular meetings, workshops, and networking events are frequently held by these groups.