Thus the money partner may realize a higher profit within a 3-year period of time than they may get with other investments such as a 25% or higher return per year for the 3 year estimated length of the investment. - The money partner doesn’t need to worry about the financing or keeping the debt in their name which may reduce risk for the money partner.Long-term tenant to reduce turnover.

Reassess your repair estimates and see if you're being overly conservative.2.

Hey Ryan I'd check on furnish finder or airdna to get estimates.

Have you had it evaluated by a Realtor, or are you relying on Zillow or other online algorithms to estimate your property's value?

(August 2022)Single-family residence buy & hold investment.Current Value Estimate: $410,000 Purchase price: $345,000 Cash invested: $5,000

The loan was for a 12-month period as the build was estimated to be around 10 months.

Hi Steve, where did you get your property tax estimate from?

With comps ranging from $875K-$1M and your estimated build cost at $550K, the after-completion value gives you a significant equity cushion, making this project highly attractive to lenders.If you plan to hold and rent the property, you could refinance into a DSCR loan after construction, which bases lending on rental income rather than personal income.

Each property is estimated to create about $70,000 of profit over the next 3 years.  

Best Websites to Analyze Markets for Cash FlowBiggerPockets Rent Estimator – Rent projectionsRoofstock – Market insights and turnkey optionsZillow, Redfin – Home prices & trendsRentometer – Rent comparisonsNeighborhoodScout, City-Data – Crime rates, job growth, demographicsLook for affordable home prices, population/job growth, low taxes, landlord-friendly laws, and strong rent-to-price ratios (aim for 0.8%-1%).3.