We estimate our property's equity to be between $100,000 to $150,000.

He qualified and holds the loan.

Once I have located such a property, I buy their property for below market, (instant equity) no bank qualifying, no credit checks, by offering to take over their loan and make their payments for them.

There you will be asked your criteria and then after answering a few questions you will be matched with 3-5 agents or loan officers in your area.

Since our homes are not as expensive, if the market would take a downturn, your equity will not take such a hard hit.

The only solution I can think of is private money for half, and the seller carries half.I believe there are DSCR lenders that will do this, but (1) you still need 10-20% equity in the deal, and (2) it will push someone into second position.Following!

Will you have enough equity in a couple of years if rates go down in order to meet the LTV requirements of the new lender?

I should be able to qualify for a DSCR loan or conventional loan, but I see down the road that this could affect my DTI and make it difficult for me to get more mortgages in the future.I understand I could use a conventional investment loan and my parents could co-sign the loan to give me better terms, but does this remove the loan from my DTI?

For example, an owner headed to foreclosure might sell you a property "Subject-To" where you take over their loan at a LOW LOW rate which changes the math a LOT when analyzing a deal!

I bought the properties from another local investor and would like to get a hard money loan for the rehab.