For me it boils down to more of a personal decision - can I afford two homes, do I want to have two homes and the stress of it, or just take my money out of one and put it in another.

Quote from @Emily Gowen: I only recommend investors sell when they can move the money to a better-performing investment or when the sale moves them closer to a specific goal.

If you go hard money, you might be able to get a 70% LTV.

I’m assuming that you save quite a bit of money.”

Or you want to spent the time, effort, and money to try and self-source an off market deal here.  

Until robots can actually go to the property, go inside and see it, touch it, smell it etc. there will be risk of estimates being way off and losing money as an investor if you rely on an app.

private money lender How did you add value to the deal?

An FHA 203(k) loan is definitely one route, but there are other ways to make it happen that might even work better depending on your situation:1.Private or Hard Money Loans: These could be a good option if you want flexibility.

That said - I think a simple muitual fund would give me better returns on the same money ($900k) at 8-12% (i.e., $72k - $108k). 

What you’re suggesting is not cash flow, it’s return of principle, giving her her own money back  If she sells with your deal.