From there you start scheduling showings to look at potential options and submit offers on the ones that appear to make the most sense.Once you have an accepted offer, you work through the escrow process by doing your due diligence and working with your lender to get your loan approval.Then....you close!

Another option is to get an interest only loan, which reduces the payment amount and thus allows for more cashflow.

I would be using a DSCR loan since I don’t have 2 years of work history.

I was approved for a loan on a 5 unit building but For me being new to commercial I figured going bigger with guidance was a better option.

I found an opportunity where the seller would consider carrying the loan at 5% for 5 years. 

@Deron Jewett you can use one FHA loan in every 100 mile radius.

I'm a US citizen but currently living in Israel, and I'm in the process of purchasing a property in Columbus Ohio.My plan is to do some rehab and therefore I want to take a hard money loan which will cover 80% of the purchase price and 100% of the renovation.While talking to the title company, they said there was no problem with me signing with a remote notary.But, the problem is with the lender who requires a wet signutre, and has given me the following options:1.

The timing with the 5% loan product released was impeccable.

I use the rent estimator to find average rents.In Spokane, where I'm analyzing, the average "good deal" is around 1-2% when I put down 20% with a conventional loan.

A HELOC is a short term loan that needs to be paid back and is typically interest only.