Cash for keys is like a failed government program: throw more money at it and hope the problem goes away.If you take on Section 8 tenants, it would be wise to understand the program.

It doesn't bother me to lose some money on my place because I use it, I like it, and I'm working towards higher rates with some of the improvements, but I can afford the loss.

If you lose money on the flip, you lose the money and your designer just doesn't get paid.

Therefore, I am reaching out to this community in the hopes of receiving some valuable pointers and guidance on where to commence this venture.If there is anyone among us who possesses insights or experiences related to running an Air BNB Arbitrage business in Alaska, I would greatly appreciate your mentorship.

Any pointers on how should I run numbers to compare two cases.Case 1:  Rent home A, Buy Home B @7.5%, with potential refinance at 3.5-4% ( ifff thats feasible ) after 2 years, once the rates are down. ( i know high hopes , but I dont think 7.5% is the new normal ).Case 2: Sell the home, get equity out, pay the whole equity ( dont know if thats wise ) towards downpayment of home B, reducing loan amount to approx 320k. 

Hopefully your flexibility will allow you to move to the market you select to give you that boots on the ground advantage. 

I’ll be making between $250-$300k, with some credit card debt I’m hoping to get to by August.

👋 Hoping to get my first deal soon Looking for first one to be FHA / FHA 203k.Would be Owner / Occupied in one of a triplex or fourplex. 

So you will end up with a rookie that will do it for cheap and cause you to lose your EMD or a discount shop that will barely answer your phone call. 

Hopefully, his Bank statement should show he got paid in Japan unless US government paid him in Cash.