https://www.hud.gov/buying/loans🤯FHA 203k (3.5% down): The 203k is a phenomenal product and alternate version of the FHA that allows you to roll your rehab costs into your loan amount.

@Tyler SolomonAuthor of the article: "Sebastian Rivas is the founder and Head of Product for Andes STR, a leading Short-Term Rental investments and technology firm."

If he had better loan products that were fixed and not structured to be called due, he never would have been….well called due.  

FHA is a strict loan product, and not always rehab friendly.

New construction Duplex/Triplex/Quadraplex will range from 400-700k in Ocala and the same product will be more expensive in Jacksonville, Orlando, Tampa ect however you can still find a small older duplex that will need work in the 250k range in the outskirt areas.

If I have to pay my employees 10% more, my rent 10% more, my product initial cost 10% more, I'm passing that to my customer.

DSCRs are ideal investment loan products since I have clients who 6 or more investment properties and all that matters to get the next loan is the borrower credit score, down payment amount and current or projected rents.

The renovations may take a bit longer and can be more expensive however, the final product is usually amazing! 

I think a good place to start would be private money as well as reaching out to hard money lenders and seeing if there are any products they offer that will finance just the rehab - best of luck!

Contracting by cutting cost, laying off employees, stopping production on the warehouse or manufacturing plants ect.