Typically, banks, funds, and traders will have an expectation or estimate on key economic data releases, often created through sophisticated, complex financial models.

So just try to mitigate cost and not go overboard.Just be clear on rules and what's allowed back there by tenants. 

In Florida where I live, those two items cost me about 25-33% of my monthly income on a LTR.  

Partner Driven financed the Crossfire Dr deal using its own capital, covering the $295,000 purchase price and $10,000 in renovation costs.

Generally speaking, it’s most cost effective to acquire the real estate in the correct deed holder entity on day one as it becomes costly to transfer property.

Condos are less expensive to purchase, but the condo fees increase your monthly costs. 

I was primarily interested in pooling resources with other rental property owners to take advantage of economies of scale and divide the cost proportionately among property owners. 

Maybe I need to update it to say @ Seasoning is not an issue “ 🙂 The problem is me getting a loan 75% of appraised value, and it’s really not a problem it’s just that my go-to banks are doing 75% from PP + cost.

Here are some tips and insights to consider as you begin building your real estate portfolio:Options:Refinancing: If you have equity in your condo, consider refinancing to access funds for future investments.Investment Loans: Explore options like conventional loans for financing future rental properties.HELOC: Depending on your equity and financial situation, a Home Equity Line of Credit (HELOC) could provide flexible financing for down payments or renovations on new properties.Build a Financial Strategy:Budgeting: Create a detailed budget that includes mortgage payments, property taxes, insurance, and maintenance costs for your rental property.Cash Flow Analysis: Calculate expected rental income versus expenses to ensure positive cash flow.Emergency Fund: Set aside funds for unexpected repairs or vacancies.Research the Rental Market:Location: Choose rental properties in areas with strong rental demand and potential for appreciation.Tenant Profile: Understand the demographics and preferences of renters in your target market.Market Trends: Stay updated on rental market trends and local regulations affecting landlords.Property Management:Self-Management vs.

General rule of thumb for hard money is 25% (plus closing costs) down especially if you don't have a lot of experience.