They simply do Fannie, Freddie, FHA, VA, and USDA loans.

I assume you’ve got a loan that says you will be living there.

Preforeclosure owner finance wrap, paid off the default payments and taxes with cash and assumed the owners loan.

Love to keep relator out of it, but may need realtor to find a next deal for me as a duplex up to 4 plex on VA loan/owner occupy.

Also, with a VA assumable, if the one assuming the loan is not a veteran, then the seller (veteran) entitlement will still be tied up in that property.

Proper underwriting - this includes an appraisal, loan app and full underwriting to comply with CFPB regulations.2.

Quote from @Chris Seveney: Over the past quarter, I have seen around $1B in defaulted fix and flip loans - many of these from new lenders since 2020 and more of a "tech platform".As we all know, the intersection of tech and real estate investing has brought incredible innovation, especially in hard money lending.

Preforeclosure owner finance wrap, paid off the default payments and taxes with cash and assumed the owners loan.

@Hank Bank BRRRR is probably want you want to do.Buy, Renovate, Rent, Refi, Repeat.Before you go all in and either find out you don't like being a landlord or you make costly mistakes, start with just the next one.You'll have some challenges with tapping the equity in the townhouse:1) What loan amount can you qualify with your credit & income?

When my loan was not going to close, it was one of the options that my broker and lender told me about and actually referred me to for a conversation.