If you borrow 100% of the purchase and rehab costs your ROI will be infinite and it doesn't matter if your profit is $100 or $100k.

Lenders:Several lenders offer investment property loans in Columbus:- LendingOne: Provides short-term mortgage loans for property purchases, refinancing, and rehabs- Longhorn Investments: Offers hard money loans for Columbus real estate investors- Longleaf Lending: Provides 30-year rental loans for long-term rental property investmentsFor BRRRR and fix-and-flip strategies, consider hard money lenders.

I have a nice fancy fax machine I purchased about 4 years ago.

Ask them for a copy of their purchase agreement and have it reviewed by attorney to see if the terms are acceptable to you.5.

+1 for immersing yourself and finding a mentor/mentors.There is a wealth of info on here and a lot of knowledgeable people who would be willing to help.Other than a book purchase I would avoid any courses, as the info is readily available if you are willing to spend the time to parse it.Build a 1, 3 and 5 year plan and execute while remaining flexible.Good luck!

It might be easier to treat it as a full scenario with Purchase price, Down payment, Term, Prorgam, occupany, number of units/rents per door, Taxes/Insurance (Any flood, HOA) etc. 

Click on the HCV Homeownership Dashboard on the Housing Choice Voucher (HCV) homeownership program to see how many participants there are in the Austin Housing Authority.

We are seeing opportunities for positive cash flow with creative acquisitions, but if you are looking to purchase conventionally, it would be really tough to make it work with the average prices versus rents that we are seeing in South Florida.

All of this of course happens as I am actively pursuing purchasing additional rental properties.Shawn

Thanks in advanceAre you asking about obtaining financing for the $230k down payment needed to purchase the property by assuming the existing mortgage note?