You can get 80% - 90% of the purchase price depending on your credit, your experience, and the spread on the project.

So depending on what lender you have access to really depends on what they allow with this.

Hard Money Lenders will look at a few things depending on whether you're applying for bridge or DSCR financing, but primarily your FICO, LTC/ LTV, DSCR, and Location.

Still, if it needs constant reno/repairs, just make sure its worth it and you've run your numbers properly.Yes, it really depends on what sort of life you want to lead, aswell as your investing strategy and goals:Just assuming that half your gross income goes to str related expenses and maintenance/renos, your yield on equity is about 6.9%. 

San Antonio is a great market depending on what you’re desiring to do.Are you located in San Antonio?

Finding and funding your first deal is an exciting journey.When it comes to finding deals, a crucial step is identifying the right properties that meet your investment criteria, which can vary widely depending on your goals, the market you’re interested in, and your budget. 

Hey Freeman, This depends on your goal.

Depending on the project but the architect owns the drawings.

Becca put it all out there, and we've had some varied/insightful comments.I think it was mentioned to trade out of your current home so you can take everything tax free. 

But like everything, your mileage may vary.