A great way to start is by attending RE events and joining a local investors association.

A great way to start is by attending RE events and joining a local investors association.

Most larger communities will have a Homebuilders Association, i would start networking to find a builder that can finance the construction. 

And it seems to be getting less clear on where to head.

E&O insurance, MLS fees, electronic lockbox fees, association dues, contract fees, every software agents use.Many of these fees could be close to doubling by the end of 2026.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

A great way to start is by attending RE events and joining a local investors association.

This is where keeping a cool head and using good negotiation skills will likely yield the best outcome.Good luck.

So on a flip deal I have only $100 plus my time and the associated marketing costs.  

They’ll let you know if everything looks up to code or if there are issues to fix.Then, head to the local building department and apply for the permits.