Acquiring in cash or with a fix and flip loan.

Asa result, we are seeking alternative methods for acquiring off-marketproperties.While we havedeveloped a robust system for identifying and pre-qualifying potential landparcels, one of the major hurdles we face is reaching the property owners.

Flexibility in Loan Terms: Josh offered a unique hybrid product that let my friend lock in a portion at a fixed rate while leaving the rest variable.

Below is something we have in the works:-Looking at a property that is 3beds 1 bath-ARV once complete is at 250K-Repair costs = $40K-Working on acquiring it for $125K maxThanks for the input!

Everytime i engage in a product its more unexpected money being required and I just do not like that.Good information.

I would definitely acquire more before I started accelerating,  especially if fixed rate resi loans in the 4s.I heard and liked the idea of getting 5 houses, or 8 like All says, first. 

Never should you be paying 2.5 points on an FHA product.

To achieve this, I’m planning to scale rapidly by performing a couple of syndications to acquire a larger portfolio.I currently have a portfolio of 17 properties, but to justify labor costs and create a sustainable structure, I need to expand quickly.

+I've researched something called an FHA Construction loan in terms of financing this project, but it seems that most large banks don't offer that product.

That’s less about the numbers and more about developing a niche and understanding your product.