Use LVP flooring, it's cheaper than installing new hard wood floors and they're more durable for longevity purposes.

If you planned on moving out of a house and buy another property, as an example, you could pull a HELOC before you moved out and keep it as an emergency fund.  

My friend and I are planning to buy an investment property (My second his first).

By tackling them early on, you minimize the risk of missing critical dates.In my experience, closing a deal within a specific timeframe requires meticulous planning.

I’d also love to hear your predictions for how the real estate financing landscape might shift this year and how you plan to position yourself for success.

Would love to hear what you’re focused on or planning!

Quote from @William Taylor: Quote from @Travis Biziorek: Your numbers look OK-ish to me.Some things that jump out... how are you planning to buy this with so little down? 

@Jerry Zigounakisi'd pick a market close to you, or one you have strong ties in, rather than trying to get to one via math.can you invest where you live, or 1-2 hours from where you live, or where you like to vacation, or where you went to college, or where you plan to move someday?

Hey @Brandon Toron,Given your plan to turn the property into a short-term rental (STR), you have a few creative ways to push closer to that 90% cash-out goal, even if traditional lenders shy away from it:1. 

I’m new to the community and I’m planning to start a Section 8 rental property business.