I used @Harjeet Bhatti and she is excellent!

Thank you for the response and excellent information!

Lenders with 203k experience should have good contractors that they have worked with in the past. i found my EXCELLENT contractor on 203kcontractors.com. definitely get quotes from multiple contractors.  4) I asked if there were restrictions on how much $$ could be allocated for rehab, he didn't have a firm answer but implied as long as the appraisal supported the work that I would be okay.the amount you can borrow should be based on what you qualify for and typically 110% of the ARV.5) When I asked if I could also use the down payment assistance of $5000, they stated no.l would double check this.

., this is excellent information.

Tracy Z and Fred Rewey have excellent training focused on buying seller-financed paper. 

I am interested in the property and although i have excellent credit and steady income I don't have the down payment required by the banks (I have only used banks in the past).

I just use excel.

The numbers appear to indicate that this would be an excellent cash flow exit strategy. 

Evil intonation) - but for purposes of this discussion, 'market' is generally the price range at which you can reasonably expect to rent the unit quickly, to a qualified, excellent tenant.

Let's call them Excel Investors lol, I'm not knocking it but often times it becomes convoluted.