When funding is plentiful and flips are rare, the competition will be heavy and experienced flippers with teams will take smaller returns just to keep their guys working, which means inexperienced 1-man crews will be shut out of the market.

Hi @Will Newmiller - I bought my first 3 properties with conventional 20% down loans, using funds from my business and loans from my wife's TSP.

Compare those owners with younger owners who have higher incomes and more desire to build large reserves for the future with the older folks who won't see the future and you can see the problem.

You're likely best to fund that wish someone local...perhaps someone you know...that is looking to put $40K-$50K to work.

Carrying Costs and Contingency Funds - How do you estimate carrying costs, including taxes, maintenance, and interest, if the project spans several years?

Quote from @Saint Kyle: Here's an examplelooking for rehab funding on a triplex in youngstown, oharv $130k rehab $70kdo you know of a bank that's willing to loan on a product like this?

I have been asking for my fund from their "great" Horizons Fund and so far nothing.  

No liens on the property, it showing up when I apply for funding/ Refis so I'm guessing that's my personal background.

For example, I have a property that was announced as a grant funding development for 2025, along with the need to buy neighboring lots to clean up the land. 

The DSCR wouldn't include renovation funds unfortunately and property has to be in livable condition to qualify for the DSCR loan .