Build - rent - refinance -repeat. in columbus ohio you are buying old houses that are 1900 or 1920 or 1940 and you are in a sellers market. on the other hand you can source land which is a buyers market and build single family homes or duplex or triplexes that will return by renting and pulling cash out on a DSCR loan and doing it again. there aren't a lot of strategies that do this. flipping is different. so many risks. but when someone has a well oiled machine it's all good and less risk.

ABL, which is the basis for HML/fix and flip lending, will have different criteria and different focuses than multi-year loans based on cashflow and borrower credit score (long term mortgages).

Investing is different from speculating, in that it’s data driven and therefor predictable and you have factors that play in that covers your downside and strengthen your chance of upside. 

Timing will make a big difference leasing this SFH in Seattle— if possible, aim for your vacancy to hit the market ~May 15th to June 15th, maximizing time on market for a June / July lease start date— this will give you the largest tenant pool, lowest vacancy time & highest rent.

@Jacqueline Wright  Every auction is different so the first items to check: do they allow financing if you win the auction? 

(The picture is of a different project) 

I'm not sure about other jurisdictions but in Indianapolis metro area, you can look up property tax records and my Class C homes show the property change ownership with different LLCs every 3 years.

I subscribe to PropStream and Flipster and was wondering if either of these sites you use or you prefer a different program to find distressed properties and generate lead lists?

The main differences (besides rates/underwriting guidelines) is what you can include in your renovation costs.

This book introduced me to financial concepts and made me look at money and investing in a completely different way.