The typical term of this loan is 12 months and rates range from 10%-12%.

The market is ALWAYS changing but I know at this time, seasoned investors are getting 80% LTV on DSCR in the 6% range and 90% of PP/100% of renovation if total loan does not exceed 75% of ARV for FixNFlip loans. =)  

I have helped several investors recently acquire single family homes around the $400K price point that rent in the $2,200-$2,350 range.

We’re not married to any Particular development, but ideally we’re looking for something newer (less than 5 years), detached with a good sized pool (not splash pool) We’ve been looking at 4-5 bedroom homes in Championsgate in the under 600k range.  

For the most part the homes have been under $225,000 renting between $1495 - $1695 range. 

With $50K and a DSCR loan, your budget will likely cap at properties in the $150K-$170K range, depending on the closing costs and any repairs needed.

And what is your price range and are you looking for turn-key properties or something along the lines of a "fixer upper"?

@Arsen Atanasovski first of all, you can’t buy even a mobile home in my market for $50k but yes I do help people in all price ranges here. 

Cursory research tells me places like Southland or Frisco have a good upside but we can be persuaded in all price ranges.

If you buy a hot water heater for the other unit, you can write off 100% because you have no personal use of that hot water heater. etc.