@Mark SenecalSend me a chase quick pay of a 100K will give you a fixed 1 percent return yearly.

Then after adding some value to it, allowing property financing to season for a year, and getting some landlord experience (secondary market for conventional refi requires 2 years in order to count 75 percent of rental income), do it all over again.

For those of you using GCs for your flips, what profit percent are you expecting to get?

Our goal is to make 12 percent on our money by purchasing houses 20+ percent below market value and renting to good tenants at an above average cost.  

I am selling my two other properties, and may go back to buying again with 203 k....I am hoping that the max of 4 -203 k is not over the lifetime and it only applies to current holdings.  

From what I've heard, most of them offer the same rates but you are correct in that fractions of percents could save quite a bit. 

Depending on the lender they will usually on lend 70-80 percent of the loan-to-value.  

They have nothing to lose by lying to the big bad landlord so the poor, hard luck welfare recipient gets an apartment.In the US a certain percent of rent actually is guaranteed by govt.

for most loans a 7 or 13 stops qualifying, esp govt loansLook at creative financing, 10 per cent down, seller carrys note, or installment sales contract, or agreement for deed.

@Vernon Bond, Most lenders require seasoning of your loan anywhere from six to 12 months to loan out on 75-85 percent of ARV.