After doing the program for couple of deals, I find out it is almost impossible to make profit on doing Flip with their system, since they are providing these stuff:1.Sourcing clients with deals on Zillow, that is anybody can do that, you can't buy a property with very low prices2.Asking un-credited investors to borrow Hard Money Loan, I don't really think anyone don't have much experience should borrow Hard Money Loan, with balloon loan mechanism, it is basically teaching new-bees to suicide.!

@Brittany HeilI'm not certain if this applies to all markets, but our lender (and loan product) and property insurance company expected us to move into the Primary residence within 1-2 months.

The most followed path is to save enough for down payment and reserves then get a loan. 

., one can make NNN quite a good route.Also , be sure to get a NNN pro to help negotiate the NNN lease structure, term, escalators, concessions, rights, specific responsibilities, tenant improvement allowances, etc.

We basically execute a form of the BRRRR strategy by targeting communities that require significant renovations or improved management to bring them back to profitability and then we are able to use the increased equity when we exercise the option. 

I ended up giving him some seller concessions (Which I ended up raising the price to make up the difference), he bought with a conventional loan, and overall was a smooth transaction.

But just generically speaking, STR returns are almost almost always going to blow the LTR returns out of the water for lakefront cabins in Minnesota.For financing, the two options that come to mind would be a 10% down second/vacation home loan, or a DSCR loan at 20%+ down. 

I'm a loan officer and the majority of my business is VA.

Chris has purchased hundreds of loans and has always been a solid counter-party to work with.Let me know if you have any other questions - happy to help.

Hi,I'm new to financing and we received a 100 page file for our final DSCR loan process to sign with a notary.Should I review these with a lawyer to make sure we're not missing something we aren't aware of?