I'd rather rent for $50-$100 less a month right away than wait a month or 2 to get the higher rate.

It’s a small single family three bedroom one bathroom unit, I bought it for cheap and plan on renting on the higher scale by making minor improvements such as flooring, fresh paints and of course new kitchen and bathroom

., closing on the purchase and reselling at (hopefully) a higher price.  

You'll need to aim for 1.00 or higher ratio to make it work for lenders offering those programs. 

I received wrong information from people in the Portugal RE industry before so I'm not super confident the person I talked to is correct I'm just trying to get more data points.In case it's useful for others these are some other bits of info I've learnedRefinancing is possible but it is more expensive than conventional (usually the spread is 1-2% higher) and it is necessary to explain to the bank what will be done with the money.It is not necessary to wait to own the property for a certain time to obtain mortgage credit.

- A lot of flippers are buying now since higher interest rates are creating slight downwards pressure on property values.

I always go with the higher, so 1 gbps.

Hi Griffin,When you’re looking to rehab properties, ultimately the more you do it, the more experience you gain.With more experience, we are able to lend you greater amounts of capital at a higher LTV.Within your first 3 deals, rule of thumb is about 80% LTV + 100% of rehab.Hope that clarified a bit for you.Best of luck!

won't higher-end STRs just have to be sold, to be turned back into traditional non-money making vacation homes, or primaries? 

Essentially would be ideal to pay w2 income tax on the 12 and 10 percent bracket and carry forward to the following year to take the deduction on the higher marginal rate.