If you searched the forums as stated you’ve noticed that it’s been asked EVERY time this question is asked.

You seem to be asking a lot of questions, looking for quick shortcut answers. 

These are the practical questions I think about when I hear a lot of chatter about this illusive thing called accountability.

Once the renovations are complete, you could either refinance it into a long-term loan or list it for sale.Happy to answer any further questions!

Let me break down some advice for each of your questions:1.

Based on your question, I'm assuming you're looking to flip this property rather than rent it out, is that accurate?

If you need to cover utilities, the numbers tighten significantly, making a lower purchase price essential.Let me know if you have any further questions or want to explore these numbers in more detail—I’d be happy to help! 

This raises a question because we had a lease agreement on file showing a rental amount of $2,000 per month."

And then Character and capacity and experince you need them all and that will get you the best rates.. currently I am at 1/2 point No other fee's other than title and escrow and the bank even paid for my MAI appraisal as I had them do 6 floor plans at once so we dont need to have new ones done when i pull each loan.. rate is 7% with an interest reserve If I want one..

Originally posted by @Mike Lambert:@Jon Latorre$100k+ sounds nice but it's not the same return whether the property costs $2 million or $5 million.My question was what is the typical rental yield range?