We are seeing much longer wait times on purchases to be cleared for disbursing funds than refinances.

So what specific questions can we answer for you?

Quote from @Laurens Van swol: We are exploring the possibility of purchasing an investment property in Florida.

Now you have your 150k that you spent on purchase and rehab back and can do it again. 

I am looking to focus my investing on the commercial space specifically value add apartment complexes.

However, a common benchmark is aiming for at least 6-8% cash-on-cash return based on your total investment (purchase price + rehab + closing costs).Always factor in appreciation potential, tax benefits, and personal risk tolerance.

Purchase price 70k currently pulling 900 rent ARV 110 - 140k, rehab about 25k 

If you are very conservative purchase a fixer upper so you can force equity and hopefully have a low enough payment so that you can LTR the property or even sell for profit should the STR avenue not work. 

However, having an experienced real estate agent or investor in your network analyze comps adds an extra layer of confidence.If you’re focusing on specific markets and ever want to discuss analyzing deals or strategies, feel free to connect, Our firm would love to help you! 

Are there specific features traveling nurses value most in a rental?