I am in the purchasing phase of buying a two family with a new renter already on the property.

1% deals DON'T WORK in this phase of the market.

Currently, the federal government is subsidizing the cost of flood insurance but the government has made it clear that they plan to phase out the subsidies over time.

Here's how you can do that...Acquire Furnished PropertiesWhen you are in the property search phase and you are using the various platforms and software to find your next deal.

Thank you all for the feedback I will teach each comment into consideration as I move to the next phase of learning this business.  

My understanding with construction loans is that you make draws as you complete the different phases of construction, he will be O.K with something like that, but how is that done?

I'm still in the researching phase but I'm going to get my first property under contract in 2019.I'm cash flow oriented & primarily looking for a property to cut my teeth on for my first deal.

Use seasoned personal funds for the down payment.The time to max out the credit cards (if absolutely needed) is during the rehab phase.

I’m seeing more of a flip market but in initial research phase.

For the sake of brevity, I would say this:We're in a phase 4 market- the peak.