Are you purchasing as investment? 

Purchase price: $490,000 This is a unique opportunity to participate as a investor in a single family residence valued at $3M and higher.

I purchased a fix and flip that got complicated when we found one of the basement walls was bowing in.

The rule of thumb for me used to be that the property needs to be able to do 20% of the purchase price in gross rental income.

Purchase price: $65,000 Hybrid Fix & Flip, bought, made minor repairs and clean out.

However, the LLC is grandfathered in, and so they are saying we would be able to still operate this if we purchased and managed under the LLC.Obviously a lot going on here, and I am still relatively new to this world (would be first STR in Nash).

I've got about $525K in equity in the property, but lenders have told me that I cannot get a HELOC to access that equity for additional purchases because the duplex was financed as an investment - they have said TX law dictates that HELOC can only be used on primary residences.

Up to 75% purchase price , 1.1 DSCR minimum ratio minimum 650 credit score 25 or 30 year for lender I work with

. $220,000 is definitely a lower purchase price amount and really limits you on what you can buy.

Purchase price: $205,000 Cash invested: $60,000 This was the first property I purchased.