I chose the creative finance path because I started out as a loan officer bailing out pre-foreclosures, which you could do back in the day. 

I am thinking of getting a hard money loan, but interest rates are through the roof!!

Also, you can only have one VA loan at a time, so, if you use it this time you cannot use it again until the loan is paid off.

It would if you refinanced a smaller loan later though. 

Conventional Condo loan requires replacement cost vs ACV.  

Here's a casein FL - Seller in foreclosure has 120k principal @4%, Shes 10k in arrears, house is worth about 250k, good condition.She wants to stay at the house, but doesn't mind selling it if needed.She will likely not qualify for a loan mod at the moment, good amount of equity.She works in the medical field, just took sick and fell behind.I was thinking of offering to pay her 10K in arrears and creating a 2nd mortgage @ 10% interest.if she defaults, i can foreclose,  as there is a bunch of equity there.any thoughts of a better scenario that i can make more of this situtation?

In the last years, the rent amount on a BRRRR property has become the defining factor for the loan amount.

Hi, I was wondering if anyone has been involved in originating or receiving loans from a 401k to purchase a property.

Both to scale better, and because it gets me into a price point where the asset is underwritten more than the borrower, and non-recourse loans are easier to find.There are not a ton available, and those that do hit the market have not piqued my interest. 

We have a 7.125% rate on a 250K loan.