Conventional loans have “adjustments” based on the borrowers criteria & property.

When you boil it down to the borrower themselves, there isn't that big of a difference in overall underwriting of the loan.

Projecting $30k annual net operating profits (after paying monthly mortgage & service costs.)Cash invested $90k (closing costs, repairs/improvements & adding furniture, TVs, appliances, etc.)Cash borrowed: $463kHours invested: 500Projected annual revenue $70kAnnual mortgage, taxes, insurance $37kAnnual maintenance & cleaning $20kAnnual repair budget $10k Lessons learned?

Even for emergency situations, I have help borrowers get quick cashout from their equity.

A traditional lender will allow you to borrow against the equity of the home.

Is it unwise to borrow the down payment with a high interest loan?

The difference between that rate and the IRR on the syndication is your net return.Doubling your investment is an aggressive assumption in the current environment with high borrowing costs and declining values.

If I saw the trimerged mortgage report I can advise and fix it.There are a couple choices with the single score if they are not ITIN or foreign national.Does borrower have the reserves to make the file fly?

Sticky situation brother, I am a buy, borrow, repeat type of guy and 95% of the time would avoid selling.

Both of you should go to a bank or mortgage broker and find out how much money you can borrow for a mortgage.