I had learned so much in San Antonio and failed so many times in acquiring a property that it was less than 60 days in Dallas and I had my first property - a duplex with my VA loan. 

Other guests can still send inquiries and you can choose to accept if you'd like.

States where it is hard to foreclose can change risk profile on loans, but also limit competition. - It's worth noting that states, both red and blue, are starting to pass statewide laws that effectively rezone land across the state allowing ADUs, or allowing multifamily construction.

Or does anyone know a lender that will not require wind cover and just allow hazard and GL since I also have to renew my loan 

@Robert-Lee PassWhere can you get an investment loan with that low a down payment ?

The reason I am running into trouble is because on an 80/20 cash out the loan amount is only $56,000 and I can not find a lender willing to give me a loan on my rental property for the small loan amount of $56k.

Hi Mary,Do you currently have a conventional loan on this property?

If I need a loan, what kind of loan should I look at?

I worked with two amazing Brokers (Travis and Patrick from Savvy Ent.) and an outstanding loan officer (Isaiah from Cornerstone Mortgage) who really helped pave the way.

Initial owner was on a contract for deed where, unfortunately, they were unable to meet their payment obligations. 3 investors involved in this deal. 1/3 split up front cost. 30 year conventional financing with one investor assuming loan while all parties had a legally binding MOU.