The thing you will want to look at is if you take financing now are you going to switch over to conventional bank financing once this all dies down.

Morning John,Assuming you’re looking for options beyond conventional financing?

After repairs the property should rent for about 2700-3000 a month.I don’t have enough saved up to buy the property conventional, then afford the upfront maintenance to capture market rent.

Hey All,Please let me know if I'm missing anything here.Purchase price: $400k, Conventional loan 25% down at 3.25% interest or $100k down monthly. $1,305.65 monthly payment.Four 2bed 1 bath units currently rented at ~$750/month, researching rents supports charging $1,000 month rents.Total Annual expenses: $3,920 Tax (actual), $1,000 (insurance), $1200 water (actual), $800 trash (actual), Capex/reserves $2,400 or $9,360 annual expenses. $9,360+ $15,667 = $25,027.Gross Rent- Gross annual expenses ($36,000-$25,027= $10,972)CoC= $10,972/$100,000= 10.97% on current rents or 22.97% at marketMy goal is to get the rents to market.

Hopefully it is helpfulAre these conventional residential home loans that allowed a SFR with ADU to be appraised via net income? 

Looking to refi this property to a longer fixed term with lower rate, like conventional. 

Especially if people don’t go the virtual convention path. 

Conventional loans / refi's are still flowing and I suspect the fed will do everything it can to keep that the case. 

We are still closing loans on your government type deals, FHA, VA, USDA, Conventional all those types of loans. 

Lending has changed dramatically, from HM lenders especially, but conventional has as well.