I have never built anything, only purchased already built properties and I need some advice.Thanks!

I paid a flat $80 or 90 to MN renters warehouse when I first purchased there because the rent was $2,700.

Hard Money will usually finance 90% of your purchase price and 100% of your repair cost up to 70 or 75% ARV (after repair value).

Purchase price: $45,000 Cash invested: $45,000 Single family buy & hold

Purchase price: $50,000 Cash invested: $50,000 Single family brrrr

The house was purchased in October and is still in rehab.

We anticipate we'll pay approximately 2.25% of the purchase price.

There are far too many regulations, the transaction is a much longer process, and we are talking about someone's biggest purchase.

Goal is to have purchased one property by the end of 2025, s still have quite some time to get that done. 

The advantage is that rehab loans are based on the value of your home after the improvements.Since Home 1 will be the quickest to move on, please DM me the state where Home 1 is located, the purchase price and how much you have spent on rehabs to-date.