Dorado is 25 min. away from airport and also 40-45 minutes from Isabela. 

@Christine Kankowski I agree that Temecula and Murrieta are a great place to invest but I think your commute time to San Diego is very optimistic, more like 45 minutes minimum with no traffic.

Motivated seller selling me a 3/2 SFR but not sure what strategy to use.Property Details:Written Appraised Value - 134KPurchase Price - 90KRehab - 15KRent - 1,250/mthTax Rate - 2.54%Strategy 1:20-year mortgage, 4.63% interest, 20% downPurchase, rehab out of pocket, rent it, pay off the mortgage FASTER but collect LESS passive income.Strategy 2:30-year mortgage, 4.75% interest, 20% downPurchase, rehab out of pocket, rent it, pay off the mortgage SLOWER but collect MORE passive income.Strategy 3:25-year, 4.125% interest, 45% downAssume the current mortgage and pay the owner their profit of 40K.

All in for 45-50 renting for $750-$9002.

30 days is pretty typical, I might ask for 45 because there are 2 properties, though it's probably not really necessary if they push you back to 30.

The sales price would be $200,000, the property rehab would be approximately $80,000-$100,000 and the ARV would be anywhere from $400K-$450K.I’ve secured preapproval for a conventional homesense loan but the closing time on that is 45-60 days.The seller needs to have a fast close so I’m exploring HML or other options.I’m a first time rehabber so I’ve noticed that most HML lenders have really awful terms for first timers.I’m in North Carolina and was hoping somebody could direct me to reputable lenders that will work with me.

However, it does limit when it must be returned (within “a reasonable time” after a tenant moves, usually 21-45 days) and sets other restrictions on deposits.

@Armando Pastrana Jr happy to spend 30-45 minutes chatting.

Let's connect soon so you can stay on track with the 45/180 day deadlines! 

There are a lot of other features that I will have coded in, but you get the idea.When this is all done, I will be generating an estimated 15-20K "opportunities" in any given month, over 45 counties in North Texas.