Hi Timothy,We have a phenomenal BRRRR product. 

I allocated $500/month for insurance which is part of why such a promising revenue to cost projects such poor COC.  

Can you email me with some investment products you were mentioning above?

As I have said they can throw people out for negativity so you will unlikely get a true and honest review from anyone in a forum like this. these training companies just follow MLM tactics  ala Amway etc.. right down to the sell the product make money. its all the same marketing just the product is different.

It has been a very poor investment decision.

I would lean more MTR or LTR regardless of product type.

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

Purchase price: $2,800,000 Cash invested: $560,000 The property is a three-story multi-family residential building with six independent units, initially facing significant challenges due to poor conditions.Renovation Investment Summary:- **Structural Repairs:** $250,000- **Kitchen Modernization:** $100,000- **Bathroom Updates:** $50,000- **Exterior Improvements:** $100,000- **Holding Costs:** $50,000- **Property Taxes:** $30,000- **Insurance Costs:** $10,000- **Management Services:** $10,000

Yes, you bought what seems like a good deal on paper, but in reality, you own an old apartment building in a neighborhood with poor security, possibly surrounded by long-vacant shops, streets piled with garbage, and a poorly managed community.

You can generally go up to 75% LTV on these products so long as the anticipated PITI is 1:1 with the gross rent.