Also try Cash Call mortgage they have alternative loans for landlords

Try this dude: http://www.midwestfamilylending.com/mortgage-lende...

As an investor, it's often difficult to qualify for traditional mortgages -- for this exact reason.

During the rehab, I will live in the property and pay down the mortgage.

My mortgage broker shared this information with me and I thought I would share:http://workshopmortgage.com/blog/blog/2018/04/26/fannie-mae-an-llc-now-real-estate-investors-can-have-both/Actual guidance from Fannie:https://www.fanniemae.com/content/guide/servicing/d1/4.1/02.htmlP.S.

That's how this process is supposed to work. if the building doesn't cash flow with a traditional mortgage, then it's just not a deal. post the numbers to confirm

You know, because I'm not a charity and my mortgage company kind of wants their money too.

We will take over the mortgage payments while we do a quick renovation to the property(we pay for renovations).

We will take over the mortgage payments while we do a quick renovation to the property(we pay for renovations).

House as it would be around 4000 for mortgage+tax, and max rent it could fetch is 3000 or so in the meantime we'd prepare to get plans, constructors etc together to build a new house on its plot.