(Get an owner occupant loan.)Can you seller finance it for more?

Purchase price: $240,000 Cash invested: $60,000 purchased this distressed duplex using owner financing for $240K and a $60K hard money loan for renovations.

I see too many investors now, put a significant amount of money in rehab costs and over leverage themselves on hard money loans with low down payments, their properties are not selling and they are lucky to just payoff their current hard money loan via a DSCR refinance. 

To maximize your investment, use financing options like FHA or conventional loans, analyze deals based on cash flow and cap rates, and network with local investors through REI meetups and BiggerPockets.Good luck!

Explore FHA loans and mentorship opportunities from experienced investors.

This year I may see if if I can get a construction loan to build 20-30 apartments, then refinance with an asset based lender. what markets?

LTV would be determined by the type of loan.

Not sure your situation financially but even your $100,000 HELOC is going to probably run you $12,000 additional each year in expense that you've got to factor in.

@Madison Sloan All depends on what you're willing to accept and if you can get approved for a loan now or not.

I bought the property from a wholesaler that was working with the agents on behalf of out of state family members of the owner who had passed away if I remember the situation correctly.