After living there 12 months, you can buy a nother, rent out your unit and move into the new purchase to repeat the process. 

Those are easy to finance, and the financing is solely based on the properties income using a DSCR ratio for qualification.I would look for a property like this one, https://www.zillow.com/homedetails/5810-21st-Ave-Kenosha-WI-...Lets say you could buy it for $100k, and its $50k in rehab, and ARV will be worth, $200k.When you do the rehab, make sure all the mechanical systems are brand new, then you will have relative few repairs for the next 3-5 years.I can get you a loan for $90k purchase, and $50k, rehab, once its finished you can refinance into a 30 year fixed rate loan between 6.5-6.8%, and cash flow. 

Why do you think purchase contracts are so long and have such small print?

Hi all, my husband and I are trying to keep investing in Santa Barbara (which is kind of funny, considering it feels impossible) after having purchased a condo in 2020 and a single family home that became our primary residence in 2021.

could you do a lease option to purchase it and do all the work, then "refinance" it with the purchase in a few years?

Martin,If you have a lender who is going to offer you a Foreign National DSCR purchase loan for $100K or under with a rate of 7.625%, you better find a way to close fast. 

in the future ( since its obvious you dont believe you owe a fee for this neighbors purchase) A Savvy seller will exclude certain people companies entities from the listing agreement.. there by making it clear that if someone you know or have been talking to decides to buy you owe no fee..

If Purchase parice around 150k and 50k rehab.

try not to purchase items on credit cards for multiple properties, at 1x, make 2 receipts, and write a reimbursement check from the property account.2.

Recently my duplex’s property value was reassessed and my taxes went up almost 3x what they once were (bc it was assessed pre-flip before my purchase) so my Escrow shortage is about 4k.