To convert STR to LTR, evaluate rental comps, hire a property management company, explore multifamily properties in strong markets, and use a 5% Fannie Mae loan to buy a multifamily property.Good luck!

I wouldn’t do an initial draw at closing.

**Privy** tends to offer strong MLS data, **Propwire** focuses on off-market properties, and **Backflip** specializes in investor-focused analysis.

Hey Lucas, If you are a first time flipper, I would anticipate 75% on the initial purchase price/ 100% of the rehab financed. 

Drop a comment or DM if you’re interested—let's build a strong local network and explore potential collaborations.

in short, it's going to take a lot of networking and time that doesn't initially have any revenue attached to it.hope this helps

That will put you in a strong position when you start investing in real estate.Using this time to learn and prepare is a smart move.

Since it's been a strong market with plenty of cash flow opportunities, they have been working with a lot of out of state investors lately.

Quote from @Charlie MacPherson: They seem like the textbook definition of time wasters and as an agent, time is your most precious resource.Unless they want to pay you a strong hourly rate for submitting - and let's call them what they are - garbage offers, tell them to lose your number.I am very tempted.

Some lenders specialize in asset-based lending, considering rental income on Schedule E, especially if you have strong rental history.