Switch Lenders: I’m currently working on refinancing (six other properties), so I’m thinking maybe I should take everything to another lender who might be a better fit.  

You should have 25% down payment + closing costs, + an oh Sh*t fund on top of that. 

On top of that, once the check-out date arrives, the TV will automatically erase all the login information, making it ready for the next guests arrival.

My goal is to build a successful flipping business while keeping family time a top priority.

Here is my simple Top 5:1.Review the market – Understand the trends and conditions in the area.2.Analyze the property and the numbers – Ensure the deal makes financial sense.3.Visit the property – There’s no substitute for seeing it firsthand.4.Meet the team – Whether it’s your property manager, builder, or contractor, relationships matter.5.Complete inspections and appraisals – These protect you from costly surprises.If all these boxes are checked and the numbers work for your goals, then it’s likely a solid deal.

Loan-to-value allowances vary, but seem to top out at 75-80%, and even that figure can be misleadingly optimistic in light of the appraisal difficulties (described below).

Frankly, no matter how well you do safety, dumb guests will find some way to hurt themselves so insurance is a top priority.

On top of that, FHA has very strict and particular rules around income.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

Living in top unit and renting out the bottom.