All depends on price point and where you are on the mountain.

He offered me a deal he had PRE NEGOTIATED, it was a SFR worth $50-55k (remember this is 1982-1983) for $55,000 with $5,000 down and owner financing of $50,000 over 20 years at the then unheard of interest rate of 7% ( new financing was available at 11% +).  

Price optimized comps usually have occupancy around 70+% depending on the market.Projecting revenue is a bit mindbending, especially after 2020/21 when consumer behavior was very abnormal, but don’t let that scare you away from making a great investment - underwrite conservatively and you should do great!

These loans are what is working in this high rate, low Long term rent environment.

Well-established investors have a few more opportunities for 100/100, but not much.It should reasonably be expected to put down 10-20% of purchase, depending on your deal numbers, with a total loan amount (purchase + rehab) not to exceed 70-75% of ARV.

I only heard about Partner Driven last year and so far so good 👍🏼 As a licensed REALTOR and loan officer, I knew the traditional buyer pool was going to shrink due to the looming interest rate hikes.

You may need to show that you have completed at least 1 fix and flip or hold to get the full cash out, otherwise it may just be a hold back for the renovations and a rate and term refinance for your 1st mortgage 

Many builders are offering great incentives right now for buying down your rate permanently, and/or paying some/all of your closing costs. 

We brought in $31.37k in revenue with 89 bookings and 83% occupancy $136.98 Average daily rate from 9/1/23 to 6/1/2024.

That brings me to my next point: The area you should start investing in depends very much on what your investi g goal is, so: Define your goal.