I have been offered an exclusive Deal by a local "friend"/ semi-mentor in my small town.  8 standard 2/1 apartments -  Quad, duplex, duplex, 1970 Dated buildings, little neglected but liveableOwner finance: 20yr 6%rate with 20k down------------------------------------------------Total purchase 400KCurrent NOI: 41k     Cap: 10         (Tax,Ins,Maint, Util)Gross rent 4500/mth-----------------------------------------------Upgrade, Est repairs: 60k After reno: NOI: 59K   Gross rent: 6100------------------------------------------------Loan pmt: 2865/mth,    34k/yrCurrent Cash flow: 531/mth,  6,378/yrAfter reno Cash Flow: 2131/mth,  25,578/Yr-------------------------------------------------Added info- -Property line Joins with (growing) Community college-Tiny town-The Buildings are Currently "uglyish".- Current Rent is 150$- $200 behind market avg.I am very comfortable in single family homes in this town (own 18 SFH rented and performing well).

So as a novice, you have no idea how to value the asset, and are trying to broker the loan to someone who has already seen it. 

bank loan, construction loan?

If the cabin were cash-flowing, we might use the excess cash to continue paying the loans over time and bet on the equity growth to continue to be a positive for us.

Hi, Im looking to buy a house in southern california and received approval for investment loan for investment property that is a single family unit home.

I am under contract to buyOffer was made with inspection contingency Seller agreed to repair or replace furnace a week agoI asked my realtor to check on the progress of seller and they have no real news for me a week later, other than an HVAC guy was on property- per sellers realtorMy loan is conditionally approved pending appraisalI told my realtor I’m not ordering the appraisal until I am satisfied with the progress being made to fix/ replace furnacIs that unreasonable?

I found Bluprint Home Loans.

Good people and good company.

Looking for advice on my general financial picture and what I need to do to get it to a place to be able to qualify for home loans. 

(Loan to Cost) Can you find a private guy to lend you high LTV for short term?