I'm interested in fix and flips and owning rental property (multifamily), then transitioning to commercial property down the line.

Norfolk, Plymouth and Bristol counties, where prices are much lower for both buy & hold and fix & flip properties.

Loan terms are $380k 5/1ARM @ 6% for 25 yrs, $47,500 fixed @ 5% for 10 yrs. 7 POH's 4 vacant lots. 

I also talked with 'DoHardMoney' - I'm not sure if any of you guys have used them before but for a first time 'fix & flip', they offer 100% financing for up to 70% ARV (determined prior to purchase) at 5.5 points with 1.25% interest per month.

Hello BP, I am new to investing, I live in Akron, Ohio I'm looking for feed back on what type of housing are considered if you were a cash buyer, or real estate investor for rentals, fix flip, or sale, what areas would be a good choice if you had to pick?  

This industry has opened our eyes to so many opportunities in real estate and all its ancillary businesses with our focus being on the fix/flip model of existing farmland and eventually moving into the commercial/industrial sector of canna complexes.

I plan to use a traditional 30yr fixed owner occupant loan.  

I can only use cash and am targeting a 100k budget, no interest will be considered, so at this point I'm thinking my best bet is to buy a rehab sub 100k house, fix it up and rent it out, and keep working until I can buy the second, third, etc in cash.

Often times when utilizing an LLC you might see terms that have higher interest rate, 25% down payment, 25 year amortized loan with a 5 year balloon vs a 30 year amortized fixed rate. 

Fix what is needed and budget for future expenses as they come up.