Originally posted by @Justin Stamper:@Jay Hinrichs hey brother!

I recommend going to deals analysis and posting the projected numbers along with your overall experience and let people comment that way.

FYI the comment was posted before you resolved the issue, I just made an update.

Assuming the insurance premiums don’t significantly impact my cash flow (which is one of my primary goals), how do you assess the risk of taking out a loan under my personal name versus opting for a commercial loan that requires a larger down payment and comes with a higher interest rate?

You can also create a basic scope of work and get ballpark estimates from contractors or use cost-per-square-foot averages for your area.To determine ARV, look at recently sold comparable properties in the area that are similar in size, style, and condition to what your property will be post-renovation.

Arvand- Thanks for taking the time to read and respond to my post.

The point of my post is that I would love to connect with somebody boots on the ground in Omaha who knows the city well.

Also you would not reduce the price because of the interest payment. that is not how it works.3. yes the note could be sold, but at what type of discount and what if the borrower stopped paying.while there are a lot of posts on seller financing, some estimiate less than 1% of all transaction have seller financing and the ones that do are first position only with an average of 30% down payment - most of these are to people who do not have verifiable income.Thinking you will get conventional financing then seller financing will be uphill battle as the conventional lender most likely will not approve a 2nd mortgage for purchase.not trying to dissuade you, just wanted to provide some key insights so you do not spend 1000 hours chasing something that is impossible to find.

I looked into her and see that she takes it upon herself to be judge and jury on "scammers" (everything she posts on the local groups is to tell people of scam posts...many actually are).  

I've posted  this before but hope this helps dissuade you from relying on this technique:Expenses disproportionately impact lower rent collecting properties.