$175*11/$10,000 = 19.25% ROI.That kicks the crap out of any mortgage interest rate, or Wall Street.But that's not guaranteed, it must be noted.

Some variables I've decided on are that we would prefer buy-and-hold investing, to rent out, and that we will continue working with average combined salaries around 80-90k/year, and am open to beginning with a duplex to get the whole house-hacking ball rolling.

Some variables I've decided on are that we would prefer buy-and-hold investing, to rent out, and that we will continue working with average combined salaries around 80-90k/year, and am open to beginning with a duplex to get the whole house-hacking ball rolling.

ok thanks. i just wanted to clarify. because the person i heard this from was at a class about being a "raiser" to raise money for a loan or for a fund. and they were talking about raising money from accredited investors opposed to non-accredited. and the requirement to be accredited was that you needed to make $200k or more for 2 consecutive years in a row. and then the class also mentioned some things about refinancing certain deals. so i think this person was getting something mixed up and confused and combining the being an accredited investor with the refinance part. and i was trying to tell them that i think they are misunderstanding but they kept telling me i was wrong.any other responses / answers would be great.

A while back, I stumbled onto a thread where someone suggested using Dunn Edwards floating feather and a swiss coffee ceiling/trim combination.  

I would probably not lend you rehab money on a second if it would put you over 65% Combined LTV (CLTV) and/or under about 1.1% DCR), even if your future income numbers could come true.I'm surely NOT trying to discourage you, but suggesting that you get the "weird" out of your numbers before talking to anyone about a loan.

That will tell the story.If it is a high score then that combined with a positive check on job, income, previous landlord etc. should be fine.

Always more than the seller reveals.Stop reading crap like Rich Dad Poor Dad.  

As many areas have already seen that level of appreciation in the last 12 months, a combined 30-40% rise in MLS retail prices within 24 months seems to me at least unsustainable.

Basically, you are either making the money on the cash flow (Cap Rate) or the appreciation or a combination of both.