.- Do you have 200-250k cash, or is that what you can get with your loan amount?

Your personal loan has a 5 year balloon period.  

If you would like to hold the property for longer, that is fine as well, just note that your loan payment will be done after 20 years.

THe lender is a credit union and it is a conventional low rate loan.

Most DSCR loans allow LLCs to hold title and sign the note.

You can spread your cash out pretty far here when taking advantage of leverage opportunities like 100% purchase/100% rehab hard money loans.

.- Bigger area rug. 9x12 for King, 8x10 for QueenBedroom 2- Change location of TV to across the bedBedroom 3- This bedroom needs an optimized layout-If it’ll fit, scrap the bunk bed and do 2 twin beds along window wall with a table in betweenBathroom 1 & 2- Wall mounted blow dryer- Wall mounted body wash. shampoo, conditioner dispenserPatio- Scrap mini golf for fire pit seating for 6- Install canopy shade- Better design for photo-op wallOverall, great property, great location.

started the interest rate at 8.5% and wrote in the contract that their interest rate will change anytime my bank loan's changes (every 5 years) and will always remain 2.5 interest points above...for what it's worth...i have another under contract that hopefully will close soon..i'd be interested in hearing about this wally wrap as well bryan...what was that?

Platforms like BiggerPockets, local REI meetups, and Facebook groups can connect you with investors seeking opportunities.Joint Venture Partnerships: Consider partnering with a seasoned developer or investor who can provide the capital while you contribute your vision and operational effort.Hard Money Loans: If you’ve identified a property, some hard money lenders may fund the purchase and development based on the future value (ARV) of the project.Crowdfunding Platforms: Sites like Fundrise, Groundfloor, and RealtyMogul cater to real estate developments and could be a great way to gather capital.Seller Financing: If the land seller is open to it, negotiate terms to finance the purchase directly with them.2.

I have a great one in Kansas City for over 15 years that I've used multiple times (only auto loans however), but hoping to branch out locally as I begin my investor journey in Arizona.