That way as you incur financing costs for the duration of the rehab, and sell or rent, you are incurring less cost.

San Diego has been one of the best returns in the nation for any duration from 3 years to more than 50 years.  

We can usually pay more than the flippers can pay because we are but n hold and therefore can make our profit over a longer duration.  

How long are the durations usually?

3) What is a typical assignment contract duration?

The negotiation was primarily focus on interest rate, duration, installment and pre-payment penalties terms.  

All you need to do is look at the property appreciation in So Cal for any of those durations and you will realize the size of the return exceeds virtually everywhere especially if the REI were financed. 

Per HPA law, the lender cannot have a minimum loan duration requirement to remove PMI.

AirBnb is good in near-to-center areas, I wouldn't suggest buying in the very center for the high prices in Prague 1.Financing is nowadays more tough, what is interesting is product from one of local banks which lends to new SPVs (can be owned by foreigner) with 3,99%, duration 25 years and 70% LTV.

They would have the headache of the property out of their hands, you could offer them interest only payments for the duration of the 1-3 years (hassle free passive income for them and nice cash flow for you since it will be lower payments than a bank), use your available funds to complete the rehab, cash out refi after the seasoning period, and the seller gets their lump sum.