We purchased for $95K, we put about $50K into it, it's currently rented for $2500/monthHouse 2: We purchased for $95K, we put about $80K into it, it's currently rented for $3500/monthCurrently working on finishing the rehabs for the remaining two houses.This is our forever home family compound, so we have no intention to sell and hope to continue improving and creating new streams of income from the property.

@Aaron Gallington- thanks ...if you dont need to complete the refinance now - I would wait for a little bit ....you might get fully approved for the new loan with a lender to make sure you are able to get the loan but  hold off on locking a rate and completing the loan until rates drop a bit more ...if you are able to obtain conv financing - go this route as  75% ltv should be available and  rates / fees  should be much better than a  DSCR program - thanks 

Quote from @Paul Azad: Seeing many new opportunities for us passive investor types, including "Preferred Equity funds".

As I jinx it right now.....Anyway, this new one I'm looking at, it's an all brick home built in 1955.

Looking back, I must acknowledge that personal branding and social media played a huge role in my success.

It may be a little more challenging with a new investor that has no track record with you.  

If you're new to this asset class you might want to use 85%. 

General Question: After the new rules went into effects, how are people writing contracts with the buyer's agents.

If you visit, you'll notice tons of new commercial developments and single-family homes popping up in the suburbs.

Hey Folks,I am new to the world of fix & flips, however I have extensive experience in construction management (though primarily commercial general contracting).