I will say that LTV requirements and even strict qualifications for asset type, condition, age, etc. make it super tough unless the property LTV is below 50%. 

However, HUD/FHA guidelines require your mortgage lender to select the 203k Consultant. 

It's your best bet in getting some insight into the property and you may be able to help them in the process.Understand your state's foreclosure laws and what filings are required to start the process.  

You could also look to switch to mid term during a slower season and that would require less money up front!

Obviously there’s going to be in the economies of scale between how much the policies cost, whether they require gas to get their own policy, and the number of vehicles, etc.Originally posted by @John Underwood:Originally posted by @Clint Harris:I agree John, but there are golf cart rentals in just about every Beach Community that is golf cart friendly, and typically those seem to be pretty high earning individuals.

That's the OTHER requirement that most commercial loans will need. 

Plumbing - does the plumbing require major renovations? 

Most investment properties require 20% down ($80,000 on a $400,000 property) and you get 7.75% interest for a payment of $2,293.

I have asked you before but your DSCR loans require a personal guarantee and are recourse correct? 

However, some of those equity partners would be willing to be taken out as they were the former owners of the properties.I wanted to see if anyone had any insight into how we can go about raising the balance of the required funds.