After repair, it  will move the property to $1,300,000.00-1,350,000.00 I need a lender that can be a second position financing and low interest loan for 24 months(2-5%) or an investorand Advice on how best to structure the dealThanks for the anticipated encouragementA.A

Long story short, the bank wrote off the loan.

I'm still learning about rental investments and was wondering if you have a 6 months gap can you still be approved for a loan?

Quote from @Khang Truong: View report*This link comes directly from our calculators, based on information input by the member who posted.I’m new to analyzing property but some numbers aren’t accurate since bc hard money loan also covers property and rehab so should that be include in purchase price or rehab amount.  

The great part about this strategy is that because you are buying a small multifamily property, you can still qualify for loan products such as FHA (3.5% down) so the down payment necessary is minimal.

If you are able to deal directly with the seller, they may offer seller financing or let you take their loan subject to.Good Investing...

With I&P Payments x DSCR (1.25(what banks will loan at a minimum on usually)) and that will give you the minimum NOI the property will need to achieve for you to make a return based on basic lending rules.

It will hurt their credit and may prevent them from getting a loan or another rental for the next seven years.

Owner occupied.I’m active duty Air Force so I used my VA loan to purchase additional properties as I moved.

Conventional loan How did you add value to the deal?