As a rule of thumb, you probably shouldn't be investing more than 10-20% of your net worth in these deals anyway.    

End result- even if they estimated 80%-90% LTV for PP upfront, due to one or both appraisal values coming in low, you have to close escrow at closer to 65% LTV.

You may be able to utilize air dna projections, but, this will come at a rate adjustment usually versus long-term rent. 

I found another home that’s move-in ready, and I’d prefer to use a second VA loan since the rates are much better than those for an investment loan in this case.For context: I’ve lived in my current home for over two years, still have VA loan entitlement left (with a down payment), and plan to occupy the second home as my primary residence.

If you'd me to connect you I'd be more than happy, feel free to PM. 

My calculations say that this complex should be getting closer to $400K NOI at 95% creating a property value of  $6.5m. 

Hi Nate,Couple of questions for you - when you say you have the funding narrowed down, does that include the down payments and funds to do the fix/flip?

Hi,We are looking to refinance a small commercial multifamily building we have in Ohio out of a bridge loan that we used to renovate the building over the last couple of years.

I hope I have better luck than you guys.  

Its a gamble to go the permit route or not in Philly and absolutely matters the neighborhood/your neighbors as they are usually the folks that will call L&I on you OR if your property is near other construction sites where inspectors would be traveling to/from.