I would find a loan officer that does both conventional and FHA renovation loans to compare which has better rates and terms for your situation.

Many claim they do not charge a markup, but then aren't transparent with invoices, etc. 1) If a PMC charges $x hourly, their markup is built into that hourly rate as they are NOT paying their workers that hourly rate.2) Many PMC's send you ONLY their invoice, or from their wholly owned maintenance company, not the underlying invoices from Home Depot and contractors.

The best amenities for Airbnb in terms of ROI often depend on your target audience and the location of your property.

Last year, I purchased a SFH under market at 7.65% interest rate and did some rehab to up the value.

.- Low Interest Rates: Competitive interest rates make property ownership accessible, especially for those with stable income like service members.- Military Presence: With U.S. military bases across Germany, local banks are accustomed to assisting service members with financing.How to Qualify1.

Depending on the actual age of the property, at least some level of deferred maintenance is not uncommon.

Quote from @Ivan Castanon: Quote from @Jay Hinrichs: depends on market most of FLA that wont move the needle.rust belt mid west you can find deals for those amounts.. going to be rougher areas of course. do NOT follow the advice of anyone suggesting second postions or gap funding.

With today's high interest rates, it usually doesn't make sense.

Depreciation lowers taxable income now but is subject to recapture at a maximum 25% rate when the property is sold.

Rent rate increases out pace p.tax and insurance rate increases in every instance but the most miniscule of time lenses.