Try looking at it a slightly different way with some quick math:$900,000 sales price$22,500 cost of purchase (appraisal, points, lender fees, title fees, etc - 2.5%)$90,000 cost of sale (10% commissions, closing costs, buyer credits)$64,000 carrying costs (6 months at 10%)$25,000 additional carrying costs (6 months taxes, utilities, HOA, misc)$100,000 rehab cost (the number used above)$68,500 profit = $530,000 max allowable offer.Some numbers may be a bit high, others may be a bit low. 

I’m thinking about using my equity in my primary residence to fund some deals but would like a few recommendations of the best resources out there

Nevada has relatively high sales and use tax but the gaming industry produce a lot of the revenue as well helping to keep property taxes low.  

Unfortunately 98.7% of landlords that are selling these type of properties, do so bc of low rents and bad tenants… so you will have to solve that problem.

Rent: $4,250/ moMonthly expenses (including management): -$600Monthly Mortgage/ taxes/ insurance etc: -$2,550thanksIt depends, what is more important to you: having those funds liquid or in other properties, or having more cashflow each month? 

While much attention is given to the Federal Funds rate, the real concern lies in the potential scarcity of capital in debt markets.

For example our bridge loan product is ok with your debt to income being to high at the time of purchase as long as the debt to income will be low enough to qualify once you rent (or sell) your current home. 

I've seen commercial property in the area go as low as 6% cap rate in that case it would be valued around $2.1M.

This approach allows you to access funds in the property swiftly, at little to no coast, and without committing to additional debt.

The cost of living is extremely low compared to other cities and you can still many many positive cash flowing and 1% deals here.