Well, if you are going to do a cash-out refinance, typically the loan to value (LTV) will be around 20-30% when you go through traditional financing. 

That's a very expensive property and STR can be seen as having more risk than traditional tenants.

Mortgage 570 (fha traditional 30year) rent is 900.

I have seen a couple hard-money but they all want 20% which I don’t quite understandably that is what a traditional bank offers as well.

Is this different in a traditional LO if we purchased a home on a LO and we are looking to just assign the option and get out of the deal?

The seller quit claimed us the property in exchange for paying off their mortgage after we calculated that a traditional purchase would have tanked the deal with too many costs to be able to use the BRR (no rehab and already rented) method. 97% of initial investment returned at refinance.What made you interested in investing in this type of deal?

And if you need to buy one off the MLS because you need to do a traditional loan, call the listing agent.

In terms of financing my deals, I am open to different options but would prefer the traditional/conventional 30 yr fixed loan with 20% down the route.

For FHA loans, the appraisal process is more strict than traditional loans.

So I just started reading the BRRRR book and in the beginnng, it talks about the traditional method of buying houses opposed to the BRRRR method.