Lenders that go higher than 80% LTV will likely be more in the Prime + 1-4% range.

Keep in mind these are duplexes so double kitchens, appliances, hvacs ect.... greater cost than a single family. 

In southern CA, even garage conversion ADU additions are typically costing more than the value added.  

I've heard/had good results with more targeted driving for dollars looking for distress, or to some other comments points here, look for other data points to isolate "needs" to sell rather than "wants".

It usually doesn't work that way. 

Two set of eyes are better than one!   

@Dustin Sanders We have a couple of options that can still do a 15% on DSCR, but as Stephenie eluded to above, everything else has to sort of line up in a perfect scenario to make it work.

I have continued on my own investing journey which does still benefit us as a couple.

I do have an agent I know personally but she's only in the area at certain times of the year.Section 8 would be better than nothing.

Successful flippers are:- Building relationships with reliable contractors- Ordering materials well in advance- Being strategic about which renovations will truly deliver ROI Regulatory EnvironmentRecent changes to Phoenix building codes have emphasized:- Stricter energy efficiency requirements- More rigorous inspection processes- Additional permits for certain types of renovationsBe prepared for longer permitting timelines than in years past.Financial ConsiderationsThe financing landscape has evolved significantly:- Hard money lenders are offering more competitive rates (7-9%) than the 12-14% seen in 2022- Several Phoenix-specific investment groups have emerged that pool resources for flips- Traditional lenders now offer more renovation loan products tailored specifically to the Arizona marketThe Bottom LineThe Phoenix market in 2025 offers solid opportunity for house flippers who approach projects strategically.