If you go the rehab route, you can refinance when finished with the work into a DSCR loan to get all/most of you initial investment back if you found a good deal.

Bank pushed us to 40% down payment so also executed a $85K seller carry-back loan to cross the finish line.

Seems like they might not be nervous about $300k loan considering we will be doing the same thing we just finished doing, only x3.

I completed my AA in business at a 2 year school, transferred to a four year school to finish up my finance degree.

Quote from @Sharma Parth: Quote from @Jacob Sherman: are they selling the rent ready properties or consultants guiding you start to finish in the process  rent ready properties. they will take distressed properties > fix them > get you  section 8 tenant > and also offer management for you Sounds like a no brainer if the  numbers are right .

It might be best to consider wholesaling it and letting someone else finish the project, break even and move on.

I’m closing on my second deal, a duplex that’s going to take about 9-12 months to comeplete (I’m doing the work with some sub contractors but mostly myself) at this point after that is done, I will be out of money, even before it’s finished I’ll have to raise some capital to finish it, but it should cash flow conservatively $600 a month.

Since you are not doing super high end finishes as mentioned, doing high end flooring and all other stuff just above builder grade does not warrant tile or full wood flooring. 

How do 5-7 people share food space, kitchenware, cooking time, etc?

Finishing our first duplex construction project and looking to start 3 more simultaneously.