The solution to this one is pretty simple: find someone that is familiar with 2-4 unit residential lending and knows how to package it for underwriting correctly. 

So we are going to be bidding on a piece of property down the block from One we already hopefully I’m 2 weeks.

So we are going to be bidding on a piece of property down the block from One we already hopefully I’m 2 weeks.

@Kelly Magreevy - You are correct.

Instead, let me give you some highlights to the HomeStyle loan and see if it fits what you are looking for:The down payment is 15% of the After Repair Value of the home.You get your renovation bid, then give it to the appraiser, who the sees the work and bases the value on that.The rate is a little higher than a traditional mortgage but it's about 1/2 the rate of hard money. 

I must be asking the wrong question or not phrasing it the correct way. 

If they need to sell fast tell them to price it right and their may be a bidding war . 

The tongue and groove flooring was not done correctly and it starting bulking not long after I bought it.

Anyways, there is a ton you have to know up front to do this correctly and protect yourself.

My company has a high bid on a SFH and is awaiting a contract.