Maybe lease a mid term rental and rent out your unit, then look to buy another place.

Here’s the breakdown:Financing & Investment Details: Total Project Cost: $750,000 Purchase Price: $450,000 Rehab Cost: $300,000 Total Investment Needed: $750,000 Private Money Loan: $550,000 (1-year term at 9% interest) My Cash Investment: $200,000 Interest for Private Money Loan: $49,500 Closing Costs for Private Money Loan: $0 Closing Costs for Refinance: $27,000Total Cash in the deal:$750,000 + $49,500 + $27000 = $826,500Exit & Refinancing: ARV: $900,000 After renovation, I refinance at a new loan of ~$675,000.

.: Quote from @Jennifer Turner: Has anyone ever sold a property with seller financing then later extended the repayment period or modified the terms of the loan with the buyers?

Has anyone ever used this loan and know if there is PMI?

I recently did a short term fix and flip loan investor to investor loan for 6 months @ 5 pts and 15% interest rate. 

The loan I got is no monthly payment's either, so we are not worried about paying the debt monthly just 9% of the loan at closing. 

I'm closing on my first single-family home in the Memphis area, which I plan to turn into a long-term rental.

Alternatively, keeping the properties offers long-term equity growth but with lower cash flow.Ultimately, weigh your ability to manage future cash flow, your risk tolerance, and your long-term goals.

No, you cannot purchase a home with an FHA loan via an LLC.

just double checked my lender is now 80% LTV for short term rentals only 85% for long term rentals