Most banks or lenders are looking for a property that has a LTV of 75% or lower after cash out and some requesting a DSCR of 1.00x once fully leased.If you was looking for $100,000 you would want to at least get the property to be appraised at $145,000 to get the most competitive pricing and enough cash out for yourself and closing costs.  

I asked him if they’ve heard about seller finance, they were able to understand the concept so they want 20% down and they’d be willing to set up payments, this would be my first time doing this so I’m just looking for advice for anyone who has done seller-Finance in the past maybe some pointers towards how to set up the note etc. thanks for advice 

Since I was brokering the private money loan, I couldn't waive the late fee (which my lender still wanted) and the borrower was upset because ENS wouldn't eat the cost, which was a systems error on their part.

We live in small town Arkansas with a very low cost of living. 

Some lenders may want to see 6 months reserves on top of closing costs and downpayment. 6.

I’ll be very upfront and honest- I have about $20,000 saved for a down-payment/closing costs.

While there are costs associated with purchasing properties, the platform itself offers free access to property details and market data.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

I’m fresh into real estate flipping about a year into it. 3rd project in and as I’m still learning, I get a lot of mixed reviews about material cost, and labor costs so I figured I’ll come on here and ask for some opinions.NOTE:I was told by an old-school investor that what I paid for labor was way too much.

94 fixed assets to setup including a lawnmower at $275?