I use furnished finder for leads and just started airbnb for midterm guests.

We plan to do a lead inspection first but just want to get a general idea of how much it will cost before purchasing this property.Thanks in advance,Ann

However, if you want to flip you may be able to make irregular chunks of income quicker that can make up the difference.Which leads me to the utilization of your equity.

I also value cash flow with intent to fund a fix and flip as my first primary residence in the next 5 years.I have been analyzing local deals using the BP calculators, all of which leading to me thinking there is not a current future for me in my local market haha! 

Their perception of their skills far outweighs their actual knowledge, leading to costly mistakes.The other path is paralysis: they begin to realize how much they don’t know and become stuck, afraid to make a move.

My neighbor did this during one those programs (had a 2 family, made into a legal 3 family by converting the basement) but, among other things, he had to install a fire suppression system in the basement, expand windows for egress/ingress purposes, and do a whole bunch of other things.

In todays environment with higher interest rates there are less buyers in the market than a few years ago so waiting several years until rates drop to a more palatable range could lead to much higher returns.

So much of the land was just taken by the river anyway -- it just re-routed itself and swallowed up most of the land on the riverside of the road.I do have one more favor to ask -- if anyone has leads on an accountant that can jump in to help us file last year's taxes by late November, I would be grateful to hear -- I still need to get them done, and especially need them done in order to apply for the SBA loan by the December 2 deadline.

I also don’t have a percentage, but in general - I have found Facebook Marketplace to have the “coldest” leads.

All this fancy mumbo fha guideline gumbo means is that your projected market rents assuming all units, if it were rented Times 75% need to be greater than what your monthly payment is  (PITIA = principal/interest/taxes/insurance/assessments monthly), other wise FHA will not lend at that loan amount so common solutions to this when rents are too low in your local market are to put more money down payment which defeats the whole purpose of low 3.5% down FHA doesnt it?