What was the purchase price of your property?

I was able to qualify for about $95k in 0% business credit cards (for 12 months), I then liquidated the cash and used a portion of that to obtain the hard money loan that covered the balance of the purchase cost.

Purchase price: $80,000 Cash invested: $145,000 Turning a 3/2 into a 4/2 duplex for short term rentals.

Since I will be managing it after purchase, you can be certain I'm not going to sell you a bad investment.

Then if I have additional concerns I call in an expert to get further information and an estimate on what the repair will cost.

Thank you for the information!

The information contained in this post is not to be relied upon.

Purchase price: $232,500 Cash invested: $45,000 Newly renovated SFR in Shore Acres, St.

When I am looking for a new investment property and am strapped for cash, I typically look off-market and try and find something that can a seller is looking to sell that needs minimal repairs to be rent ready and the purchase price is 80% of the ARV this way I can use private money to buy in cash, do the repairs needed then refinance on a DSCR loan and pay off the private money loan. 

For experienced investors who have done 5+ similar rehab projects, I can lend up to 100% of the purchase price and 100% of the rehab on light 1-4 unit rehabs.