Fostering a good financial mindset is my actionable step for the near future, focusing on my savings rate and putting together a buybox for a potential future house hack. 

Your only worry remained getting the correct rate of interest to pitch to a potential investor.You wrote on your profile that you're an insurance agent.

Hi everyone, my company builds single family homes in SW Florida, I have had a few potential buyers reaching out to me regarding potentially submitting an offer and going under contract for different properties, while they are under construction.

I would take him up on it since you have absolutely no risk.Unless you sign some sort of non-compete and are not allowed to do deals outside the partnership until he recoups $500k then that would be a large potential issue.Good luck!

To potential new investors: See my feedback in this link.

Folks are renting quite a bit in Chattanooga, and while Kevin is right about the lower prices in Memphis, Chattanooga offers a quickly expanding market with huge potential.

Ok, so let's examine a potential deal:Purchase: 175kRehab: 55kARV: 350kSo right away, I wanna take the ARV and multiply it by 72.5%.

Looking to do a deep dive into HOA's of potential condos I plan on purchasing in So.

Not sure if this is an effective risk assessment, but feel like it's safer than chasing the highest cashflows in potentially volatile markets.

As I understand it, it's the loan amount that requires the down payment not the potential market value of the property.