Hello guys, I'm getting into the Section 8 investing and just wanted some feedback on a property I'm looking to purchase out of state.4BR 1Bath SFH, Mortgage payment is $917.37/M-$955.12 for a 30YR Fixed Rate at 7.13%, 80% LTV I am putting down $23,800.

I am not really sure on how to fix it but I am sure it is extremely broken. 

I’m completely new to fix and flip but I have been doing some research, I’ve been looking at distressed properties in my area for example one I’m looking at now the listing price is $359k Arv is $550k the contractor fee would be $33k without materials I’ve been looking at fix and flip loans saying they would finance 90% LTC and 100% rehab .

If it appraises for $550,000 that results in monthly payment of about $4,000 including property taxes on a 30 year fixed.

Second, post a 7-day curable notice to fix the issue. 

Fixed rates - 6.1252.

I am sure it may be more advantageous with fix & flipping but I am more curious for specifically wholesaling.

Move in and move out walkthroughs, Hoa violations, etc etc at no extra charge  They have connections with contractors that will show up within an hour any day of the week, charge a reasonable rate and have it fixed within a couple hours.

The borrowing against a 401k could potentially come in handy for a fix-and-flip or BRRR type transactions as you can quickly return the funds to the 401k.

At Easy Street Capital, we provide a one-stop shop for investors like yourself who want to fix up a property and then refinance using a DSCR loan.