Hi Joesph, It’s awesome that you took the leap into fix-and-flips and already have your first deal hitting the market soon—huge milestone!

I would never advise my customer to take a 5 YPPP considering we are have been moving into a downward trending rate market since 2024. 3 Year Prepay Max but if you plan on doing renovations or taking cash out on the ARV then a 1-2 YPPP would be Max.I would also advise buying the rate down before you decide to take a 5 YPPP using seller credit, equity or closing funds.

It doesn't sound like you visited the market, the PM, or the seller in these markets.

It was on the market for a long time because it didn't qualify for conventional financing will it being unlivable. 

Charleston, South Carolina's housing market continues to exhibit growth and competitiveness.

That's the nature of the market in 2025.

I'd say it depends on the local market, but it's very common to have at least a stove and refrigerator in a rental unit.

Taking apps and structuring loans is only one part; you also have to understand marketing, lead gen and prospecting, and day to day business management.

I found this deal off market; it was my girlfriend at the time's uncle who owned it, and we pitched him the idea of buying it from him.

To determine if there’s a market at the hospital, I'd recommend reaching out to the hospital's housing coordinator or human resources department, as they often handle temporary housing for traveling medical staff or out-of-town employees.