Hello I hear their are unsecured loans I can acquire via my income history I believe they give you an income of 20% of the loan now can I pay into the debt replacing pre existing gray space the remaining 80% or will it remain outside as a new amount, hopefully that's understandable.also if I earn $30,000  annually what amount do they let me receive, thanks appreciate entirely.

I have an opportunity to take over mortgage payments from a seller for their remaining mortgage where I would be on title, but not the loan.

HELOC loan.

So I’m thinking a home equity loan to build a very nice small rental?  

Offering me loan at 5% interest for 30 years no prepayment.

As a CA broker I can originate whole as well as fractionalized loans.

It is also my understanding that several types of loan products including the VA loan and I forget the other one will not qualify if there is any sign of crumbling with the asbestos siding so you may be limiting yourself on the selling side of things if you do not go over it with vinyl.

Since you'll be living in one of the units, you can qualify for owner-occupied loans, which often have lower down payment requirements and interest rates compared to traditional investment loans​

Conventional loan with FICO 620 you can buy owner occupied with 5% down.

Hi Choon,As @Andrew Kiel, mentioned, there are various costs involved other than the rehab, from closing, title, escrow, appraisal, lender's fee and carrying costs depending on if you are using a short-term loan.