(Each is 1bed1bath)**I am OOS so will pay premium on PM/ lawn management etcapprox 6% rate162K Total, DP 24.3 K which is 15%, seller pays all closing costs. (30 year conventional loan) Both units are completely redone. i will have to furnish appliances (refrigerators, stoves, W&D) for short term rental.

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provides support for the property tax appeals process.

IF your lender is knowledgeable, this is what they will be asking for.I'd suggest getting this priced out on the front end as the premium will be a little more expensive than a traditional landlord policy.  

Instead of the one time sell that most builders get, this time, the developer/fund will collect a massive downpayment (much like buying a home in golf community, you pay the downpayment to the bank and a premium/deposit for the community).

But a home in this condition, this size, in this location is only worth around $450k-$475k to me at best.You may find an end user who wants to move their family into this place and is willing to pay a premium, but it is unlikely you will find an investor willing to pay your break-even price.

They offer higher cashflow returns in exchange for you paying a premium for the deal.There is money to be made in this market.

Think of it is as an insurance premium on your project that actually pays off if you assemble the right team.7.

A few additional things that should be considered:- Mortgage insurance premium added to the loan on an FHA (upfront and monthly)- Cost to resell the property in year 2 (roughly 8.5%)

This does mean I have to be willing to pay a premium price but if the numbers work, they work!

Expect to pay premium for a property in MoCo.