Right now, I’m seeing max LTVs closer to 80% on purchases, though before COVID, we sometimes went up to 85%.Also, keep an eye out for lenders who promise amazing terms but demand large commitment fees upfront.

Evaluate potential rental properties with a keen eye on location, cash flow, and potential appreciation.

I simply wanted to exit two deals to begin gaining credibility in the eyes of hard money lenders.

I agree that austin from up close looks like a declining market but from a birds eye view, it makes for great opportunities! 

Thanks for sharing, always an insightful eye Collin. 

I’m focused on growing my portfolio and have my eye on a few markets.

Glad you made your way here.. are you eyeing long-term rentals or short-term flips?

There’s huge retal income potential if you nail that balance between improvements that wow tenants and improvements that merely look fancy but don’t justify higher rents.I’d also keep an eye on how your high end plan fits the local demand.

I saw one property that caught my eye. 

Wishing you all the best - but wanting you going in with your eyes wide open!