As of now we have a date set for them to come do the $13k of work but we have till March 19 before we need a down payment and commit to the work.

This will show the bank how you intend to fund the mortgage with rental revenue.Be prepared to provide collateral and establish the needed down payment for the loan.

While these methods have brought me to where I am, I believe there's more I can do to tap into a wider pool of potential buyers, especially those who are highly motivated and capable.Here are a few questions I have for the community:1.

SFRs in the Bay area are crazy expensive, the down payment and mortgage payment would be a huge gap to fill.2.

(Max vacated rents - your monthly mortgage payment) = +/- net cashflow.

setting up the finances or advice on operations and methods?

Break out single family/condo; then 2 units then 3-4 units all have different rules. 1-2 units is far easier to get approved verses 3-4 which have extra conditions to ensure that the whole project cash flows with market rents minus the one owner occupied unit. 3-4 units you need much larger down payment - as in no 3.5% downSecond home programs are for one unit types: SFR/condo/townhouse.Owner occupied means you live there and your insurance policy matches.

With this rates so high I’m not Looking for make Money out of it, more to pay it’ self. my down payment will be around 40% to make the number work.

There may be pre-payment penalties from different lenders.

You'll PITI will go up but you still need to cash flow to make it beneficial for you.2) you can do a DSCR loan which will cover down-payment and rehab cost.