However, there are other loans designed for fixer uppers referred to us hard money loans, bridge loans, or fix and flip loans but whatever you want to call them they're essentially short term, interest only loans with no prepayment penalties designed to finance a higher % of your purchase price and typically all of your renovations not to exceed a certain % of the ARV (typically 75% max). 

The garage and the fact that a long term tenant was in place paying market rent.

. - The 4% rule is a helpful benchmark but leaves a LOT to be desired in terms of projecting retirement income from a liquid portfolio.

Hello everyone, I have seen in this forum a lot of people who have experience and passion.I am also passionate and want to invest in real estate for the long term.

NOGuidance line Terms as least for us in the 2000s were I had 6 different bank guidance  lines.1. advance 80% of loan we needed 20% of our own cash.2. one year term  1 point at each renewal.3.

Looking forward to seeing your success!

We have had success buying in the winter, but this time it feels different. 

I’d love to learn from your successes (and challenges) as we continue to refine our approach.Looking forward to your insights and feedback!

I have an investor friend who is a very successful wholesaler in a market, (south FL), that is crawling with wholesalers.

I wish you the best success and looking forward to working together.