Then you will have your inspection fee every three years that will vary based on the type of building and how many units.

Does anyone know of any asset-based hard money lender that does not require credit check.

Based on my understanding of the Customer functionality in Quickbooks, I agree that for real estate investors who might want a more cost effective option can utilize the Customer features (available in the Simple Start and Essentials version) instead of classes.

To start, I'm only considering making offers on properties where the seller owns it free and clear.What is your step-by-step process?

The rate difference between FHA and Conventional is actually over 1% right now for Multi family propertiesCurrently the rate offered is 6.75% and 193/m in PMI (private mortgage insurance)That makes the payment with taxes and insurance roughly:$3453/monthTaxes were $3820, and insurance is $1800/yrCurrently this building can rent each 2 bed unit for up to $1800/m with tenants paying all utilities.All in cost to close is: $71,414.64If you rent both units for $1800/m you can expect gross cash flow of $147/mThis is the reality of buying a turn key duplex in the area using todays rates and prices.I want to stress, that this is actually considered a great property and deal in todays market for the areaYes, prices are high, and so area rates...My goal is to show what is actually going on.

Appreciate the quick reply and kind offer

The tenant offered from the outset to pay for it, no issues.

Make your cash-offers, remodel/value add (ideally), and then cash-out into a fixed rate.  

This company offers a list of top-performing cities, including several in Florida.

First I would make sure that you can do what you want based on the zoning for the property as many areas see MF properties differently than SFHs.