100% financing does exist with smaller banks.

Hello All,I've seen a lot of back and forth searching previous posts on this topic, but I can't find a consistent answer.Last week, I reached out to my lender about getting a loan on a STR in TN and she says she cannot provide a jumbo loan on a second home with only 10% down - that a product like this does not exist. 

Typically when you close on the note you will tell the seller who your servicer is (or keep it at the existing servicer).

As @Joshua McMillion alluded to, I think this is a great topic for further discussion, especially for those who are OOS and not really familiar with North Alabama.First off, I myself have had success with this type of investment model previously - we bought a new construction home in a subdivision roughly 8 minutes from downtown Huntsville in 2019, as it was a new small subdivision attached to an existing established community. 

But either way, my approach would probably be a wraparound mortgage where you create a new loan with the seller that "wraps around" their existing loan.

There are tons of vacant dark buildings with land already to go.When you have raw land you have to work against the existing and future land use plan, zoning, what the city wants if in the limits, what the county wants, what the public wants, what the tenants want, what the developers want.

With the recent inflation hike, I’ve been asking myself – will it be possible for banks to change the terms of existing fixed rate loans in the future if really high inflation hits (aka hyperinflation).

It's block by block but plenty of nice blocks exist. 

If this is something that turns out to be possible, I am leaning towards using those funds towards a downpayment on a MFH (new build or existing).

But I only ask to know if such a thing exists