For a fix-and-flip scenario your max loan amount would be based off your experience and can go as high as a % or purchase although it is more common to get 90% as the loan size is typically restricted by the percentage of the ARV for that program.

Purchase price: $584,000 Cash invested: $116,000 This 3 bedroom 3 bathroom pet friendly house overlooking Aunt Patty's Pond is also adjacent to Dennis Pines Golf Course!

I’ll see if he’s willing to change it and I’ll look around, but as of right now, it looks like I may be just going the RE lawyer route to purchase.

Quote from @Bentley Hazelwood: I purchased.

Purchase price: $50,000,000 Cash invested: $7,500,000Portfolio of multifamily properties that my partner and I built in San Diego County.

In a few years rates will be back to normal and you can refinance to drop the rate after you purchase a few more REI's

You end up generating some cash flow in interim and purchase at the mutually agreed upon price in say 28-24 months.

The appreciation will always increase, but I have noticed better long-term value in small multi-family vs. condos.Do you have a purchase price in mind?

@Jane Trust Ryan - congrats on your purchases. 

I wouldn't unless i could see a fully executed purchase and sale agreement, proof of funds, and an underwriting approval.