If you have not performed rehab, you typically will need to have held the property for 6 months before borrowing based on the appraised value - otherwise, in those first 6 months you will be limited to 80% of your purchase price. 

Hello,I recently purchased an affordable property in Louisville, KY and I will be managing the property using Appfolio, which has an "Affordable" module.

We were struggling/ hated hours spent on potential profitability of the purchase in all the calculators by copypasting, and using background in tech created rei-lense.com to get all the numbers on the spot which saves so much time! 

Purchase price: $101,000 Cash invested: $10,000 Sale price: $180,000 This was my first property I ever bought.

I'm still learning the flip world, but a purchase cost of $80k for an ARV of $250-350k seems like a big delta... maybe a little too big.

Purchase price: $80,000 Cash invested: $72,900 We have less than 2 weeks left in our fix and hold project in Pittsburgh, PA.

Hey Daniel, Unfortunately, in this market, finding a hard money lender to finance the entire purchase and rehab is unrealistic.

Hi Shai,How many rental properties do you currently own or looking to purchase?

Purchase price: $200,450 Cash invested: $16,000 Sale price: $319,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a deal on Spruce Street, Modesto, CA.

Our rates are among the lowest in the STR space at this time. and we can do 75% LTV on STR purchases.