Check out this chart: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyMake sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed and ranked on a map on our website.DM us if you’d like to discuss this logical approach in greater detail!

For a project like this, where you’re installing a water heater, HVAC, replacing a front door, and installing appliances, here are some key insights: 1.

Hey Andrew: The Freddie Mac Small Balance Loan (SBL) and Fannie Mae Small Loan multifamily programs could be a good fit for a project like this.

I'll work with an attorney to assist with drafting that.Q2: Yes, I'll talk to my CPA but we'll most likely hold the property for at least 1 year under the LLC given our timeline to design, permit, build and sell the property, meaning I should avoid short-term capital gains.  

In addition to Decatur, consider areas like Druid Hills, Kirkwood, and East Lake, which offer good rental demand and accessibility to Emory.

I'd love to hear what does your criteria deck look like. 

Most likely won't as your portfolio grows. 

I'd like to introduce myself.

These small towns are a niche market like investing in STR or trailer parks.

Borrowers like that.Since money is the lifeblood of all house flips, I consider this a win-win for everyone.