Working with a broker like me allows you to navigate these options efficiently and ensure you get the best possible deal tailored to your situation.If you're interested, feel free to reach out, and I’d be happy to discuss your project in more detail and guide you through the process.Looking forward to helping you succeed in the U.S. market!

Hey Ian, Tough to say without an official Loan estimate.

Let me break down a few key points and strategies to help you out:Fix-and-Flip Loans (90% LTC / 100% Rehab): When a lender says they’ll finance 90% LTC (Loan-to-Cost) and 100% of rehab, they mean they’ll cover 90% of the total project cost, which includes the purchase price and renovation.

What kind of projects interest you most?

In PA because its is so $ss backward and tough to do I would think if you put the time in you probably score some decent deals.. but holy cow.. there are just easier places to work than there. 

It was a great first project, I had some old friends reach out that were losing their house and I helped them get out from under the PML, bought the house and helped them repair their credit, got a contractor I knew that lived around the corner help me do a full gut rehab and put in about 1,500 hrs of my own labor into it.

Might be tough from area to area, but I typically find that homes built before 1950 that were converted from single to multi family are 9 times out of ten - a full gut rehab and way too expensive for first timers.

That’s pretty tough to find in other places right now.The city’s seen some positive growth, too—2023 was the first year in nearly 70 years where the US Census showed a slight population uptick in Detroit.

If it's norm for the landlords to pay it you will have a tough time to get the tenants to pay.If others are using RUBS then you can try it.

I agree with @Don Konipol, if the overall cash on cash return for this project is only 10%, it's not a viable deal.