After analyzing a dozen of properties in my hot market, I finally found one that’s within my price range and makes sense with the BRRR tool on the BP website.

Martin Saenz thanks for the advice, makes total sense.

I mean a convoluted 0% credit card idea might be ill advised but at least we could argue the merits, this just completely makes no sense on any level?

Does it makes sense that I use a conventional loan and use a hard money lender to fund the rehab and refi after 1 yr?

Hey @Ricardo CristobalLike you heard, rates are low and chances are high that they will rise in the near future.Where the rates are at any point in time doesn't matter so long as the numbers make sense in any deal you get into.Like most buyers, if you purchase residential real estate, you should qualify for long-term fixed rate interest.

I have a question as I search for "good deals".I understand that I am looking for deals in which the numbers "make sense" and check as many if not all boxes that you kind folks share on here and I have studied and practiced quite a bit now. 

I mean, I fully realize this is the kind of thing that is different for everyone... what makes sense to one person when crafting a deal with their family is different from another.

The contract reads: "Buyer acknowledges and agrees that no title insurance of any kind is being provided to buyer by seller , that title insurance is not a condition to closing and the property is being transferred to buyer by quitclaim deed or other form of deed acceptable to seller is seller's sole and absolute discretion, without any warranty or representation regarding title"I'd like to get some advice whether it makes sense to shell out the money for a title abstract to check the title on this while the bank is making it's decision.

If you're not actively using AirBnb and VRBO this wouldn't make any sense to you. 

Frank Rolfe says: MHP value = Lot rent per month x # of units x 60 or 70Laura Cochran says:  MHP value = (Lot rent x 12 x # units)/19% or higherBasic real estate common sense says: MHP value = NOI x market multiple (or divided by market Cap Rate... pick your fancy)The problem with using the NOI is that you can never trust a seller's numbers.