Purchase price: $370,000 Cash invested: $2,500 I'm thrilled to share that I recently purchased a multi-family property with a down payment of just $2,500, thanks to an FHA loan, alongside a generous $17,500 grant from Rhode Island.

How was it possible for me to buy a property and not have the loan in my name, keep the previous interest, and not have to apply for a loan and hurt my credit?

Sounds like you need a new loan officer if I am being completely honest. 

This will not be my primary address, so FHA loans are out of the question.

And could even get a second home loan if doing traditional financing.

Leasehold with share of power supply with lovingly improved wattage by the current owners.

.- No lockup period- Monthly distributions with no fees- 14 years in the business- Over 2,000 loans originated- Stringent lending process with solid approval guidelines- Promises an 8% hands free return- Combines private cash and IRA investors into a pool for loans- Funds are used by real estate investors to buy and rehab distressed properties which are insured and liens have appropriate title insuranceThey have 300+ inventors, closed 2,000+ loans, $550m+, and 0 loser since 2008 when they opened.

The LLC will loan them the money.  

I found a couple in my price range, but I don't know if I should get a loan or maybe borrow money from my parents.

In Fall 2022 I bought a 3/2 (half of a duplex) in a neighborhood that’s in the early stages of up and coming, my thought was to get a rental to break even or lightly cash flow and appreciate over time as the neighborhood improved.