With fluctuating interest rates, tighter lending criteria, and increased competition for properties, securing the right financing has become a key factor in closing deals and maximizing ROI.Are you exploring creative options like BRRRR, partnerships, or seller financing?

I found out the failure rate is 95%. 

Rates are high, usually in the high 8s or low 9s, and you may pay 2-4 points on the loan. 

We do a ton of them here in Chicago and everyone of them is a great long term success!

Nightly rates and estimated revenue based on all the other units in the area?

It's pretty east to get into the 20% long term capital gains rate and 3.8% Net Investment Income Tax. 

I’ve seen many buyers successfully execute this strategy over the years, turning such properties into valuable investments.

They have definitely become more challenging since rates have gone up.

The Shadow Ln deal was an outstanding success.

Here’s my situation:Property & Loan DetailsFirst Home + Investment Potential: This will be both my primary residence and an investment property once renovations are complete.Purchase & Renovation Costs:Purchase Price: $100,000Estimated Repairs: $150,000Contingency Budget: $15,000Total: $265,000Appraisal: Post-renovation, the property is appraised at around $360,000—so there’s potential equity, but it doesn’t help me with the immediate cash I need.FHA Loan: My interest rate is around 7%.