Will this be dependent on the square footage?

Tulum is so dependent on tourism.

The interest rate is between 7.95% and 9.95% depending on credit score.

Depends, are you buying it for a rental or to evict, reno then flip? 

Depending on the volume of expenses, 14 properties could easily be done in a few hours a month.

Your Credit Score: 680+ or 700+ will get you better terms depending on the lender. 660 is the minimum for many lenders. 

Depending on where you are in Astoria, it may be worth it as I know long term the city planning is trying to boost higher zoning use cases to open up more supply of units. 

Your Credit Score: 680+ or 700+ will get you better terms depending on the lender. 660 is the minimum for many lenders.

Good for the sellers and buyers, but bad for the RE agents who depend on this easy $. 

As long as your credit score is decent and there's no bankruptcies or defaults or felonies in your b.g. then Hard Money is perfect for you to help you scale, especially if you want to buy low, rehab it, and then refi out at a much higher value.That would require a bridge loan with rehab and then refi into a DSCR 30 year loan.