I remember hard money being needed in some of these situations where long term financing isn’t possible to qualify for the situation for whatever reason and once an investment property is stabilized (you can structure your deal however needed to get funding such as investment property vs primary residence) then you can exit the temporary financing with a refinance.

It isn't the metric you can talk about on a national scale, but if you keep buying the same product in the same area it is a very easy quick and dirty method to know how you are doing compared to other buys. 

Just as a followup, rent reporting has been one of the fastest adopted tenant products at Baselane.

Vystar went into further discussions with me regarding how they could structure the deal, if I choose their Construction to Perm product if I wanted the land to also be in the loan. 

End enjoy your break, you'll come back so much more productive!

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

Your dilemma boils down to two priorities: maximizing your investment growth versus creating financial stability for your personal residence.

I wasn't sure if the loan product matters.

He believes it can achieve $100k after stabilization.

@Saul Clavijo make sure you understand you will be getting into Class C properties at those numbers.Food for though below, DM us to chat more about Detroit:--------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?