Investor was able to do a bridge loan and pay for the purchase and the renovations  for about 20% LTC (approx 31K + closing costs down).

I do this frequently, it's a great tool for my out of state buyers - BUT only with buyers that have a signed buyers brokerage agreement and I've talked to their loan officer (or seen a bank statement). 

Hello all, I am reading on the real estate investing process and i plan to buy my first property with an FHA loan, however, as i am no one with any experience on rehabbing i have this concern of pricing. 

Anyone out there used a USDA loan for multifamily units in rural areas?

I currently only have a $3k cc and a $50k student loan from my Masters degree that is broken down into two $20k loans at 6.875% and four loans under $1500 at 2.14%.

Thanks Chris for your comments.sorry i didn't explain well. let me try again  showing  some numbers like an example , and I hope that works better.I was trying to ask is what could be a good financial strategy if I find a good  property (location good shape etc..) and the homeowner for example want to sale for market price for example $400k but he still has a loan  $200k at 2%interest rate so he has nice equity  $200k but also he still having big debt another  $200k but with good interest rate these days. my question which strategy would be good one if I want that buy that property using creative financial trying to avoid ask a new loan at the bankThaks again 

This is so that you can make sure your isn't the right basis number (purchase price + costing costs - loan costs + improvements rather than just using purchase price).I'd recon most CPAs who specialize in real estate or businesses will be able to correctly treat the STR income and deal with a cost seg.

So I collected information about the real estate market in the USA and looked for houses to buy with the help of loans and rent them out.

Since I am self-employed, I will likely be looking at hard money lenders (HMLs), non-QM lenders (bank statement loans, DSCR loans, and small, local, regional banks and credit unions.

No loans were involved, so I had no more cash at that time, and "the cart was still there" - that is, the house required a GIGANTIC investment (and they exceeded the planned).