This is a creative scenario with some real potential.

If you classify the property as a "second home" instead of an investment property, you could potentially put down as little as 10%, which is a great advantage.

When I did my research for buying my properties in Costa Rica, I had one of the big STR management companies like Evolve analyze my potential profits and I used that info to raise money through bringing on partners to buy the properties. 

.- Optional Benefit: If you believe an elevation certificate shows your property is at a lower risk than FEMA's assessment, you can submit one to potentially lower your premium.

Are there any questions you'd suggest asking to better understand this loan structure and its potential limitations?

For value-add investments, securing the right type of financing that accounts for the property’s potential appreciation is key.

In this economy, what should I be physically looking for in a potential investment property that is "promising" or "trendy" that would give me the most ROI?""

Finally, assess the neighborhood for safety, amenities, and potential for growth.

My name is Khaled Seirafi based in California and I'm looking at potentially investing in a multifamily property in Phoenix.

I am targeting Cincinnati, OH as potential first market because I grew up not far from there and have at least some connections.