The rest as I am completing the job.Most of my work is done with a deposit of $100 and balance upon completion.

If below you will likely be negative cash flow.Learn how to screen properly.

Easy, no hassle, paid properly, and time and time again we get an investor who might talk us into a project or two and I couldn't tell you the last time it wasn't extremely stressful, or cutting corners and cost.

I'm not sure who you were working with but you can without a doubt get a commercial multifamily loan through the Freddie Mac Small Balance Loan Program with 80% LTV, 30 year amortization if your property is in need of a loan between $1-$7.5mm.

The 1% rule will kill you if you use it that way.To offer a single data point, I’ve looked for turnkey rentals in the Denver proper area (hot neighborhoods) and have never seen rent that matched the 1% rule in the last 18 months.

That way you can receive points.”7.Do you have a balance on any credit cards?

Tenants can pay rent online as well as check their account history and balance depending on what you give them for permissions.

Need to balance these two conflicting considerations.3.

I would pay down 20 to 25% of the balance as soon as possible, then refinance from and FHA to a conventional and get rid of PMI and then use FHA all over again after 2 years.

Fannie instituted that former requirement due to "buy and bail" schemes during the Recession, where people with underwater houses would buy a similar home for way less than their current loan balance, and immediately stop making payments on the underwater home.