I have yet to close a deal for an 18-20 year old, though.o Financing: the max eligible financing for a purchase of a property on a 30-year fixed is 80% LTC - requiring a 20% down payment.

If both of you are investing cash, why not split the down payment and the renovation? 

On the topic of rate cuts, I’ve been calling for the first cut to come in June.

Tips:1. great photos2. good description. be clear what you require to cut down on wasting your time.3.

Although I’d like to do a large dscr loan and get 4 to 5 three and four bedroom units, I’m likely goin to start with just one quality property in order to establish proof of concept to present to future down payment partners or private money lenders.

If the plan is to stay with a commercial loan, the construction finance and permanent loan can be one product, with typically a 12 month interest only period during construction, then rolling into a principle and interest payment afterwards. 

I typically allow my tenants to rescind the 30-day notice as long as they are up with their payments and are not violating any rules. 

Things happen but often cash strapped flippers cut corners and :"put lipstick on a pig" to get out from under a mistake. 

Cut out the noise and focus on your business.Your input shapes your outlook!

VA loans typically require no down payment and have competitive interest rates.