I connected with a developer based in Wilmington who is taking a property through entitlements and was looking for some bridge equity while the permitting was completed.

On projected current rates and Expenses based on NOI I got a valuation that is 50 - 55 % lower than the asking price which is based on comparable residential units in the area I was looking at ...  

Can only be 765 Sq ft based on primary residence Sq ft.

That is what helped me to build my network and knowledge base super quick.

. - Choose your market based on your goals. 

We're based in NY but have clients throughout the whole country.

View report*This link comes directly from our calculators, based on information input by the member who posted.

One does not imply the other.Everytime someone is having a hard time here, they start to troubleshoot but make complete random decisions based on absolutely nothing.So DMM doesn't work, and cold claling doesn't work, SO...

It seems IRS Publication 527 (2023), Residential Rental Property would say it's 10% based on their example.

Depending on how you want to aquire the property, or flip, or whatever I think you need to strategize how you want to acquire property first then come up with the number based on a percentage of down payment + closing costs of the house prices you are targeting.5) Talk to a few local bank lenders and see what first time home buyer programs they are offering.