Ideally, finding a lender who offers a balance of both is key. 

Simultaneously, develop a detailed scope of work and collect bids from multiple contractors to compare costs and timelines.

The ideal home price for you will depend on: 1) downpayment size 2) risk appetite, 3) preference for more cash flow or appreciation.Given our price points, our investors need to have 35-45K to start, on average.The typical cash-on-cash return on our properties net of loan payments, insurance, taxes, and property management fees is 6-8%.Ultimately, you can obtain financing from any lender, although we have partner lenders that can provide very competitive rates.

BP Community:I’m building out a list of videos that will highlight the economic development in the specific cities/towns we invest in.

Hello Scott, developers require a minimum down payment of 30% and the balance in  to 9 months in a pre construction condo.

I usually work with my local credit union where I have developed a relationship over the years.

There are continue developments (residential and commercial). 

A duplex, triplex, or fourplex is ideal because the more units, the more financing options banks may offer.

The seller of 22 properties is in a tight spot and needs his properties sold ideally within 60 days.

They can also look into local workforce development programs that might help them find new employment quickly.