Its not often that the sales person is also very good at management.

From what I’ve heard, private lenders or small groups often jump at projects like this when presented with clear ROI.

On a pre-1900 build I often see them filled with mortar, at least here in Milwaukee.

Hard money can give you more flexibility and faster closings, which are often needed for investment deals.

@Ilir Livadhi I think you are referring to property wholessalers telling you how much the rehab will be - and as you see, their numbers are often not based on reality.

A primary residence will most often provide more favorable loan terms so if you are willing to wait one year while you living in your new property and are comfortable with renting out your primary residence to a tenant, then getting something such as an FHA loan is a good strategy to minimize your upfront costs and hopefully get better loan terms.

How often?

I have units without washer and dryer and they rent fine but I found myself showing to people who really wanted the washer dryer way too often so I do put that in the ad and review it again on talking to them.   

The cash flow on paper is often much different than reality.

Hi Stephen, thanks  for the reply- I'm in southern Florida but im there often for family.