And, I wanted to get some recommendations for: 1) Best place to find duplex under market value2) Can I use FHA for these types of properties?

Your best bet would be to go to a bank and see what type of personal loan you can get.

It cashflows nicely now, mind you with a great interest rate in 2019.What type of home can you get at or a little below $200K?

What type of investment properties are you interested in?

We made some adjustments to our pricing earlier this Summer 2022 to reflect some material pricing changes that we have seen.With that said, construction pricing can vary substantially based upon many factors including the project location, property type, specific SOW, material selections, contractors used, season of the year, etc.In fact, pricing can vary substantially from investor-to-investor and every investor will have different prices they use. 

While HMLs advertise Points & Interest rates, you'll see there are MANY more Fees associated with this type of loan product, in addition to a lien being placed on your property and a short timeline typically to operate within before they foreclose if you're not able to exit/repay the loan.

We have a plan to push them through financing with a good lender that deals with this type of loan. 

What made you interested in investing in this type of deal?

Hey Faiz, It will depend on the type of loan you do.

There are three or four lenders doing them with huge down payment and the highest rates.Rate depends on property type, your FICO, equity/down payment, number units, qualifying type...