As a investor/flipper we are always looking for homes and networking opportunities.BiggerPockets has been quite impressive with information so far.

All tenants are month to month, so raising the rents is a bit easier and then lock in 1 year leases.There are some bonus opportunities i.e. spreading water bills to tenants as well as airbnb opportunities in 2 of the units as it is on the water, but we are not factoring that in right now.My questions:We have the seller financing option, and the ability to do private for the 30% down second at 8-10% and 2 points.

We are still in the running for a future facility.

Thanks Jerel, I'd be happy to connect with you and see if we are a good fit for each other.

We just sold our first home for a happy profit, and we are trying to do our first hack by buying a Duplex to live in for a year with a 5% down conventional loan. 

If we buy a 120k home, I calculated that our monthly mortgage will  be about $870, assuming a 4.605% interest rate.The only problem will be getting approved for the loan since we are both unemployed without a steady source of income.

My parents and I realize that we are not going be there/have use for the property so I have contacted real estate agents to sell the property.Before we sign a listing agreement with an agent, I wanted to check in with the forum to see if there are any other creative ideas/thoughts, people might have?

It is a smaller development and we are building as we see demand.

I image putting in about 10 hours/week for the next 6 months, so we are talking about 250 hours of sweat equity.

Just wondering how doing a 6-month with affect how lend-able we are.