This is a hard money product,you typically just need a 10-20% down payment, funding will be 80-90% of Purchase Price + 100% of rehab cost.AS LONG AS THE TOTAL LOAN AMOUNT IS LESS THAN 70% OF THE ARVOnce the project is complete you can then refinance into a DSCR loan.

Anyways, on my latest project, the title came back yesterday and revealed two extra parcels of land deeded to the seller under the property I was under contract for.

In 2023, we sold it for $245,000, achieving a strong return and leveraging the experience to fuel future projects.

Many who started out as Novice beginners with fix and flips and now do large new construction and Multi family projects. 

The program was created to give low-income tenants an alternative to living in federal project housing.S8 sets their rental rates to the LOW-END of market averages, if not slightly below.

It often delays or even halts the project.

Can’t wait to see more of this project completed.   

When investors invest their hard-earned money into a project, we expect the highest possible return.

Quote from @Tim Halbert: I've been using Obie for several rehab projects in TN. 

This was the first property we carried flood insurance on, during our project.