., Google Ads, Facebook Ads targeting potential homebuyers or sellers).

Have begun talking to lenders but am having trouble getting good quotes on interest rates.

There are so many short term places today that competition is tough, so adding something no other property has, being creative in design, something like that to stand out, people want a unique stay, and with a fixer-upper, you can do whatever you want!

If the buyer has good credit, you might go lower, while buyers with poor credit might justify a rate closer to 9% or 10%.Market-Based Adjustments: Keep in mind the current prevailing mortgage rates (which are currently around 6-7% for traditional financing) and adjust accordingly to stay competitive while still reflecting the added flexibility of seller financing.3.

Keep that up and one day you will be a very wealthy man, a very free man.If you can own 2 million dollars in real estate and the market goes up by 3% you just created 6$0k to your net worth, if it goes up buy 6% you just added $120k.

I started adding up the interest payments if this property didn't sell and trying to refinance it to a conventional loan to rent it out (my exit strategy if the flip didn't sell).

Since it has not been 3 years since he sold the house, he can not be added to the FHA loan according to my lender.

I remodeled and added a bedroom to the original house, and then built the second house after.  

I had to rely on my new real estate agent to find another contractor, adding unnecessary stress to the process.The deal I was presented with had an ARV of $120,000, but after the rehab, the appraisal came in at only $92,000, leaving me short by $28,000.

I wanted to add to the Why, should a investment property buyer use a DSCR program over a Full Conventional purchase or refinance, as we do all programs, whether for a primary, 2nd home or investment property.Currently Full doc loans, meaning using tax returns (2 years) for qualifying can be tedious work and interest rates are higher compared to our DSCR products, since on Fannie Freddie conventional loans require LLPA's ( loan level price adjustments) added to the base rate.