(*Thoughts: Private money seems to be dependent on knowing someone (which I don’t), Hard money seems more feasible, VA loan would require the home to be livable (which in turn may reduce much of the potential value add), conventional loan would require less stipulation than the VA loan, and personal credit cards (Not a bad option with 0% balance transfers and commitment to pay down.Complete the rehab in less than 6 months (I will work on the project when possible, but sticking to the shortest possible timeline is paramount).Rent out the units.Refinance it either with VA 100% LTV (Not sure if the lenders do a full 100% but that’s what Navy Fed is repping on the site) or Conventional 70-80% LTV.

Hi,About to submit an offer on a property with a conventional loan. 

@Calvin T.The OP was asking about a self-directed Solo 401(k), with an intention to be able to use the plan to invest in real estate.A Fidelity Solo 401(k) is going to be limited to investing in conventional assets such as stocks and funds. 

BTW, I don't need to keep the property as a rental but would like to.Typically, I buy & hold in my name and refi using a conventional mortgage but this property has a pool so I bought it under my LLC.  

I am new and will be purchasing a STR in the near future by conventional means. 

I would encourage you to consider buying a fixer upper if you do go the single family route, especially since you will use the 5% down conventional loan.

Another way is to network while at one of our trainings or the National Convention to find these people from across the country.Gene

From there, if its truly a duplex (2 units on 1 parcel) then you should be able to get regular conventional financing.

Both houses have conventional loans from two different banks, and a heloc on the primary that is just about paid off.

The govt requires them to allow tenants extensions to make rent payments - their non regulated lenders don’t have to oblige. only conventional loans under government guidelines are required to allow borrowers their own extensionsThis will certainly get interesting