It is strictly a loan.

As for the 203k loan, I don't have experience, but I've heard it can be very hard to find a contractor because of the strict guidelines in place.

(I'm not happy about the ordinance, but it's a lot less strict than Denver's Airbnb law, so I guess we can savor that small win.)I think in your situation, the STRs are the real money makers, so keeping those going strong with good reviews is the priority.

I would be a bit concerned about the area due to the low rents and price, but strictly based on the numbers it doesn't look bad.

BP is strict about what I share here so just let me know privately.Hope that helps,Chris Pre

I know that there are many investors who strictly invest for cash flow.  

If you are strictly a debt investor then read about creating notes, look for 12-15% interest locked in with a lien on the property and a personal guarantee from the borrower.

Really nice with 24 hr security and gated.I might have to give in.If that is the complex I am thinking of it may have some extra strict ratio rental restrictions...waiting list when I checked.

By the home first then refinance Wholesalers are not banks lenders The rules are strict and if you do not have experience in buying properties then work with an agent and you can do all the nice things like contingencies inspection appraisal financing etc

“Yes, my current financial goal is strictly retirement.