That could make financing the rehab a little smoother.3.FHA 203(k): If the rehab costs and scope fit within the FHA guidelines, refinancing into a 203(k) loan could work.

Additional software estimates renovation costs and provides actionable analytics.

I paid him the normal closing cost, a few $ grand in fees, and a slightly higher interest rate than I might could have gotten conventionally. 

Line Item Fee Collected Rents 10% of All Collected Rents New Tenant Search & Onboarding $500 Business Hour Service Calls $80/hour + Materials Cost + Tax After Hour Service Calls $110/hour + Materials Cost + Tax HVAC Cleaning & InspectionGutter CleaningSpring/Fall Exterior CleanupSeasonal Mowing & Weed TrimmingSeasonal Snow PlowingGeneral Contractor Vendor Cost + 10% Oversight Fee

The parties will jointly appoint an acceptable mediator and will share equally in the cost of such mediation.

Please see the rough numbers below :Tear down house price 350k,Construction cost 165 sqft * 2 build=627k Darnell, did you get your questions answered?

With that said, the income can still offset the cost of holding the property as a long-term investment.

Even 600k loan at 10% interest costs $165 a day.

% rate buy down, closing cost seller credit,  lower sales price ?  

I would strongly consider building equity to make a stronger down payment and further decrease your monthly cost.