I spoke to another bank who said that going the FHA route brings all kinds of headaches  that aren't worth it and if I can come up with another 1.5% going conventional at 5% would be much better with less build restrictions although my builder said they are technically an FHA approved builder whatever that means.One Bank told me that I'd be better off going the hard money approach and putting 10% down for new construction but I always felt hard money is such a rate rip off.If any of you guys have any helpful financing solutions please let me know.My other issue is that in order to build one of these I'd like it to be in an area that is cool..location location location but a.

Thank you. 1) Rule 1 - Contact a real estate attorney and ask what the laws are regarding foreclosures in the state you are working including the S.A.F.E. laws2) See rule # 1

Congress is trying to make it restrictive so stay in tune.

Hey guys,  I'm a starting investor in southern Wisconsin,  and just closed on my first deal in Beloit Wisconsin. My first deal was fun, the numbers were great,  and I have an excellent tenant. Now that I have my first...

You need to be using the 70% rule when calculating Flips.  

Stick to your rules of thumb, like a DCR of 1.25 or higher.

Does this apply across the board in all states or do some states not honor this rule?

I suspect many of these sub-leasers aren't paying attention to tax laws, zoning, or any other rules.

There are fewer rules/regs to lend to businesses/LLCs. 

 I think the 1.5% being referred to is part of the basic rule of thumb ( or 1% rule) when considering a rental.