Similar to what Account Closed and Scott said, but in the context of an investor using an established "portfolio" lender(*).

Practice your numbers on potential deals on the spreadsheets that are provided, it's a numbers game.

Underwriting assumes that you will sell the NOO or the vacation home before you would sell your primary residence in a time of desperation, thus the need for more "skin in the game"

If you paid an attorney for reviewing or drafting documents you have established at least a small relationship with them.

End-game possibilities to (a) put on the market to sell after 4 months refurb – could be worth $575K ARV and if sold quickly yield me a 30%+ cash on cash return, or (b) if soft buyer’s market then put out to rent, with projected 9% cap rate.My main questions:If I put in 90% of equity, what % of profits would be competitive?

But why, you're establishing an asset base in a very prime area.

I'm not in the 20+ range yet, but knowing the financing game is a huge piece of the puzzle.

My husband and I established an LLC in 2012 but have suffered from "analysis paralysis" since then.

Maybe there is a way I can help you out, which would also help me jump in the game.

Sounds like the sellers are hip to the game.