P&L, Bank Statement, DSCR etcVery common for investors to make the switch when they need to or when the cons are no longer greater than the pros compared to conventional loans.  

Quote from @Nicholas L.: @Brett Riemensniderwe don't know all the details, but as i said that's a very expensive way to buy property - if you can't afford a property without overleveraging then you might just have to save up more. 

As far as building homes goes that is something I would like to get into down the line l, I’ve been doing construction as long as I’ve been working I would just think I would have to build a solid portfolio before even getting into that.

. $1500- $960 + $200 IS $340Cash in your pocket after everything roughly $1500-$1160-$340 which is not bad for a 100% financed deal(INFINITE RETURNS)Now, If you ran this analysis on a 1% deal as @Nicholas L. mentioned you will undoubtably end up in the red each month.All the best!!!

take @Nicholas L. advice and start to go to meetups. 

@Elizabeth L.

Austin L smith, CPA.  

Quote from @Nicholas L.: @Jordyn Ohsnot enough info to helpbut if you're using a HELOC for the down payment AND getting a loan, then you're probably negative cash flow given that's 100% leveragei would never do that unless i were going to refinance in the short termHi Nicolas, Heloc for down payments, but my own cash and sweat equity for the rest.

Quote from @Nicholas L.: @Travis BiziorekAgree, I just think it's a question of timing.  

Quote from @Kris L.: So I have a house I am going to be selling in a couple weeks, but I’m confused about what the agents are saying.