I've noticed in my market that the discount to buy fixer condos is greater than the actual amount it takes to remodel.

One thing I do is pull up the rate and occupancy chart right off AirBnB and see what the bookings look like.

Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

So if every year I would buy an assumable rate property and live in it for a year then rent it out and repeat this.

What are the vacancy rates in the area according to AirDNA?

I kept meaning to buy for a few years, but I’ve been simply overloaded with a startup.My current country prevents me from purchasing property (non-citizen), and doesn’t offer fixed rate mortgages - the floating rate is high rate at 7%, and has been about this the last 20 years.

Realtors get a discount, but you can be a licensed, non-realtor like me and gain access. 

They are most likely  going to be the better borrowers, with greater success rates on execution along with likely having access to better deal flow and thus the better collateral.

Hello, I wanted to get feedback and thoughts from Investors and Real Estate professional on a potential tool that would use machine learning and AI to create scores or ratings on real estate markets at the zip code level.

Mainly the cap rate and everything you are considering to arrive at that number.