Could limit access to favorable loans and insurance on a new primary residence in the future.

Would a 203k loan work in this situation or do I have to apply for a personal loan? 

A lot of investors use DSCR loans to acquire multifamily.

He has a 3.5% assumable loan in place, but it only has 20 months of term left.  

They were slow with their loan reinstatement letters.

His purchase money loan is already 6 months old.

A lot of people left, they let their bank have their house that they had a loan for.I buy the bank foreclosures, furnish them from estate sales, then rent them out to the contractors.6 months of STR rent pays for the purchase price of the house. 

I am also a licensed realtor, have worked a loan originator for hard money lender, have light general contracting experience.

Hi Rachel,There are non-QM loan and investment loan programs that do not look at your income.

Qualifying for ground up construction (GUC) loans without the experience of successful flips or other GUC projects is tough... not impossible, but also notably not cheap.