You are heading in the right direction to get the financing options laid out and then find the deal so you can pull the trigger for the right one.As far as HML options be sure you get all the details before signing anything . . interest rate, payment terms, what if you need to extend, points up front, etc

Unless you are an experienced builder, securing a bank loan can be difficult, and hard money loans often have high interest rates, which can become costly if your project faces delays.

These typically have higher rates and require anywhere from 20-30% down, which is better than the 50% that you mentioned.

Anything lower than 6 would be an indicator for higher-than-normal home price appreciation in the next 6-12 months.This is why even as interest rates increased at the fastest rate in 40+ years in 2023 and have stayed at that level, home prices have continued to appreciate.The media has been calling for a real estate crash for a while now and it hasn't happened and most people can't figure out why. 

A good way to generate income in Huntsville is through multi-family unit investments, which could result in high occupancy rates and consistent rental income due to the city's thriving economy and expanding population.

Apply a cap rate roughly 2 points higher than mobile home parks.

Keep a low "bounce rate" - do not have your friends check out your listing without booking.

I've been using a website called "area vibes" has alot of detailed info on any neighborhood you need, like the demographics, crime, schools, it rates everything using a grading system.

Hey Ryan,Most lenders can typically offer up to 80% Loan-to-Value (LTV) with interest rates ranging from 7-8.5%.

If you buy cheap houses that are in undesirable areas you will always struggle to find good tenants because no one wants to live there.