Boostly says they can get you to 65% direct booking but it costs 5k - 6k plus $95/mo. 

I am looking for an investor to partially fund some of the soft costs for a large townhouse project I'm working on. 

In this same deal, the investor would need to come with 15% plus closing costs and let's call it 17k. 

A DSCR is a debt service coverage ratio loan (against the new property) and effectively uses a proportion of the current or proposed rental income to qualify.

My partner will be general contracting at no cost, although he will be paying a few key 1099’s and contractors .

If you’re not going to make the smart move of selling tax free, and make the questionable move of being a landlord in Ca just because you already own the home…A) No LLC, it won’t help with taxes, liability, or anonymity but it will increase the cost of insurance, taxes, and any financing  (and maybe the bank calls the current mortgage  due.)B) Get an umbrella policy if you are worth more than $1M, maybe $500k  C) Don’t even THiNK about doing this yourself.

We have learned a ton and I want thousands of units one day but for now just trying what to do next with this one. ok so the issue is that home was built in 1932 and the heating is an issue in the winter and the heating costs are really high for the tenants.

This takes seconds and costs pennies to run the reports for hundreds of thousands of loans.

I do like the smaller properties because occupancy tends to stay pretty high and consistence and costs generally are low, but I know we are also missing out on the really great returns on some of the larger properties. 

Purchase price is below $30K, renovations cost based on one contractor bid is $350-500K.- Best way to estimate the ARV.