A ground-up construction loan for a new investor on some vacant land would also be a no-go as you must be able to show successful exits (refinance or sale) from a few projects before that's an option.So, we need to be able to see funds in your account that can cover the down payment, closing costs, and some reserves left over that will allow you to start your rehab.• No entity to close in: Though an LLC/entity is not a must-have, it's a nice-to-have prior to seeking financing.

But I'm wondering if the LLC loan is a no-go for banks. 3) Last question- i'm seeing rates on DSCR loans in the 7.2% to 7.5% range, in addition to 1 to 2 points and they likely track 10 yr treasuries (4.26% as of today).

comparing the calculated cash returns mAkes it look like a no brainer - won't expect much appreciation.  

Adding extra rooms for cash flow might seem like a no-brainer, but navigating the financing waters can indeed get choppy.

It’s how I got my first property—a no-money-down deal that actually paid me cash back at closing.

Is this a no brainer?  

But on a large job where you;re just getting a remodel permit anyway, it's a no-brainer.

I guess my question is more of a tax question, it’s a no brainer to wait to rent it out to do a remodel so I can claim depreciation on the remodel correct ? 

I get it.. for homeowners this is a no brainier for apartment dwellers this is still going to be a challenge going forward. 

Finding a deal is great, but a) no broker/owner will actually award you the deal without having surety that you can close (so without a strong network, you will never actually get a deal) and b) even if you find the best deal in the world AND have it tied up, the timelines are too short to be able to start building your network from there.What I would do is get a job in real estate to learn the ropes while being paid.