I’m still in the option period, so if the numbers still don’t work, I’ll move on.  

Make sure you work with a lender before looking for a deal to ensure your buy box will get you a property eligible for financing. 

I wanted to see if anyone has any recommendations for the best CMA software for working in homebuilding.

I was going to wait to build my portfolio bigger before starting an numbered company, but I'd like to hear what the BP community has to offer in words of advice.Here are the current numbers I'm working with.

You need to manage your property manager, work with them on strategy, market analysis, long term capex decisions etc.

--- EXAMPLE: house price $150k, needs $50k of work, After Repaired Value (ARV) is at least $200k.

I work with a builder that is constructing 2-4 units in Fort Wayne.

In Indianapolis we perform this work for clients and they do a little better than market, but still have to pay a GC (us) for a year of our time plus their interest or opportunity costs on having so much cash out for that time period.

Find one that fits with your life and how much effort/capital you have.

Even if we got a higher rate then it would have still worked out not having a balloon payment next year.