I got an email today that the BOI requirement was on hold again since the fifth circuit reinstated the injunction today.

We purchased this buy and hold historic duplex which faces William Land Park in Sacramento.

Investment Info:Single-family residence buy & hold investment.

Do not forget about holding costs.

Whether you are looking flip the property or hold on to it, getting a 6 or 12 month fix and flip loan doesn't lock you in for that time.

If I add up all the lender fees and my holding costs—like points, origination fees, and interest —I can figure out how much profit I’ll make and what my maximum offer should be.

Hey @Brandon Toron,Given your plan to turn the property into a short-term rental (STR), you have a few creative ways to push closer to that 90% cash-out goal, even if traditional lenders shy away from it:1. 

If this were my property, I’d run a detailed rental analysis (from what I’ve read in Forbes) to see if the short term route could outpace traditional leasing.

Those willing to go beyond that could be good partners for real estate investors.Traditional banks/Local Banks and non-bank lenders - If they are a portfolio lender, meaning they actually hold on to the loan and don't just collect your payment, then they have the ability to be flexible.

Lenders will want to know if the property is generating income and if it qualifies for a DSCR loan or traditional financing.