If you can show that the numbers work, you can get 100% of the purchase and rehab covered.The key is finding lenders who work with new investors.2.Partnering with Experienced Investors– If you don’t have capital, you can offer your time, effort, and hustle in exchange for a piece of the deal.

The purchase price of this property was only $170K. 

These estimated costs should then be reconciled back to actual costs or the purchase price.Have you had a cost segregation study performed?

Delavan has come a LONG way recently and prices are shooting though the roof both for rents and to purchase. 

NOTE:To be “bonded” means the Contractor must purchase a Surety Bond, which serves as a form of Insurance to protect the Contractor’s Customers if he or she fails to complete the job properly or fails to pay for permits, subcontractors, or other financial obligations.7.

I currrntly own a home and am renting it out, I am working on purchasing a duplex.

Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I think if you just attend any group, you'll find investors that purchase remote and local and you'll be able to learn.

Quote from @Scott Vaeth: I purchased a house in South Carolina this past year with the goal of BRRRRing it.

I've personally found the bulk of my Chicago purchases off the MLS.