Hello Lesley, Have you thought about using a DSCR loan to do a cash out or rate and term refinance to recoup the out of pocket money you have spent on the property.

You need to look at net cash flow.

They had to purchase one cash then set it up.

Most lists have separate providers.

I’m using funds from a 1031 exchange for the deposit.Can anyone provide insights or guide me on how to refine my underwriting or ask the right questions to ensure my numbers are accurate and this is a solid deal?

@john warren@John Warren -Thank you for your response; the information you've provided is very helpful.

Have you looked into working with any local businesses to provide discounts for guests and piggyback off their customer base?

(assuming the cash flow is higher than PITI).My second question is if I acquired a duplex via seller financing, would that also decrease my DTI?

Purchase price: $50,000 Cash invested: $65,000 Sale price: $219,000 Fix and Flip!

If you ever need some recommendations for local service providers, community information, etc - feel free to reach out!