Do you have any feasible insurance providers where I can start a policy?

My wife and I are finishing up paying off our credit card debt and will soon be able to be able to set aside $4-5k a month for investing. After researching some options I believe I want to follow the advice of Grant C...

Since then I haven't really been actively looking and the prequal letter is only good for 90 days I think.I am meeting with a bunch of lenders over the next few weeks to see who has the best rates and financial instruments that can help me with this project.I REALLY want to 203k it but I don't know how feasible it is.

Is this feasible?

Some markets have appreciated in value so much more than rents that it isn't feasible to cash flow unless you are willing to put 50% down on the property.For those markets, I would either find other avenues to produce cash flow such as lease options, owner carries, or other creative tools, or get focused on finding property that you can buy at such a discount that it might still cash flow.

Grab the lot, tie it up with as long of a feasibility study as you can get.

This is what you do...1) tie up the property on a contract with a LONG feasibility period2) do all of your studies i.e environmental, city/usage, percolation test, geotech, wetland, etc, etc, etc.3) Work with the city/county to determine the max lot coverage/square footage/cleared area/etc4) find plans or have them drawn for this duplex and take those to the city/county for approval5) Take everything all the way to the stage of being almost ready to pickup the permit but don't pay for it and pick it up quite yet.6) Package it up and go "sell the dream" to an investor who can afford to actually build the thing.Around here, raw land might be worth 1/3rd the final value of a project so if you think a brand new duplex there would be worth $150k, your new package deal could be worth around $50k.A word of caution... in my area, most vacant land is vacant because it's unbuildable or does not make economic sense to build on.

It wouldn't be feasible for even close to the majority of folks to start with a 50+ unit scenario.

It may not match your goals.One final though:  Your VA loan should be feasible for acquiring "under-performing" properties... 

In addition, the FMR chart showed rents for a 4 bed to be about $1,500 which I don't think is feasible for any tenant especially in the Central Falls area not sure if Housing is picking up the rest of that or not.