Since we began lending in 2010, allour loans have been to local house flippers we met at the local real estate clubs and with whom we’ve formed some long relationships.Unless you live in an area with no local REI clubs, there is no reason to do business online or anonymously.

Almost anyone that owned a house in Southern California for more than 10 years is likely accredited (but they may need to move money around).  

It will likely be more rent growth and property appreciation over time.When I sold my starter house here in Canton next to Woodstock it sold for all cash in 3 days.

Short-term sacrifices and delaying gratification will bring you abundance later in life.Definitely take advantage of your first-time home buying benefits and consider house hacking a duplex or 4-plex.

going to depend on age of house how extensive updates, etc, etc, etc, there is no short cut number that will work 

Lender Fees $1,640.00Discount Points $4,680.00Appraisal Fees $825.00Credit Report Fee $25.00Tax Service $68.00Credit Technology and Verification Fee $75.00Title Fees $836.50Owner's Title Insurance $513.00Lender's Title Insurance $2,507.00Transfer Taxes $9,626.00Recording Fees $519.50Total Closing Costs $21,315.00Prepaid Interest 2 days @ $87.53 /day $175.061 year Insurance Premium $1,500.00Property Taxes $3,632.04Insurance Escrow Reserves 2 months @ $125.00 /month $250.00Tax Escrow Reserves 2 months @ $302.67 /month $605.34Total Loan Prepaids $6,162.44Down Payment $90,000.00Total Estimated Due at Closing $117,477.44Loan ProgramPurchase Price $450,000.00Total Loan Amount $360,000.00Interest Rate 8.875%APR 8.337%Product Indigo Edge NonQM 30 Yr FixedYour Monthly housing breakdownPrincipal & Interest: $2,864.32Insurance: $125.00Taxes: $302.67TOTAL $3,291.99

Vegas is great for rent-by-the-room style house hacks and MTRs. 

We are doing some new vinyl plank flooring (not through the entire house), paint on the main floor, minor electrical work, replacing a door, new ceiling fan, minor plumbing, etc.. 

Generally, your idea is a good idea since you’re really leveraging your housing allowance to build equity and wealth. 

I’m an STR for 17 listings in San Antonio and you gotta compete, especially if you’re getting a standard 3/2 house.