Im currently learning this lesson with New Builds that have taken twice as long to complete than anticipated.....Finishing a Real Estate project ASAP is critical because...

1) Holding Costs add up quickly
- Loan I...

Expect them to be expensive, also.  

The scope of what I would do was far beyond, and a LOT more expensive than what they were thinking. 

Congrats on your pre-approval and your plan to make Florida your primary residence while leveraging house hacking or short-term rentals (STRs).

I can open a HELOC on my residential property, but that may not cover all rehab expenses.

A popular Excel template is Vertex42 as it automatically includes spaces for property details, rental incomes, expenses, and a summarizing sheet.

Let's talk,DanIve actually been looking into buying a condo myself as an investment, I have a few rules, needs to be with both good hoa management & relatively cheap fee (bellow $600 a month) needs to be in area where I’m not competing against other new construction apartments, needs to be an area where even townhomes are so expensive you are not competing, I.e. upper nw, nova, Bethesda etc. needs to be 1990’s or newer in most cases.

--> This is my plan.

But…he can make the buyer regret it if he doesn’t plan to move it.

Right now, I’m actively learning and planning to start my first projects this year.