Purchase price: $160,000 Cash invested: $25,000 Sale price: $260,000 Contributors: Peter Vekselman Partner Driven acquired this N Lofgren Rd property in Rolling Prairie, IN, on 03/29/2024 for $160,000.

. ✨ looking for ideas on to  how to acquire an owner-occupied property  with 5% down by using a mortgage loan product to purchase , improve and  avoid mortgage insurance based on projected value?

Obviously if you acquire your deals based on this assumption and ended up operating better than it's more money in your pocket. 

Quote from @Max Smetiouk: Hello Ryan,I am looking to acquire property and debating between regular LT rental and STR rental.

I'm under LOI to acquire my first LIHTC property (107 units in semi-rural south Chicago suburb) and am moving fast and furious to get up to speed on all things LIHTC.  

Acquires a new one via capital injection annually, and with the pyramiding, after 20yrs of this will be siting on a nice holdings that is planned to fund kids university tuitions via rents at that time, which around yr17 we will start deploying into assets with more of that cash-flow focus. 

Recently acquired a fantastic property in a great neighborhood as a "fix-n-flip" however due the properties age and value I've not been able to find anyone to insure the vacant property while my crew does the restoration work.

Also pay attention to who the people are that seem to be acquiring lots of deals. 

If all of the equipment for fully automated remote supervised tours was acquired on a credit line, I think you still have a problem with all of the different logins one one device.I'll let you know what I come up with.  

We acquired the property for $50,000, and with targeted strategies, achieved a $160,000 sale.