You learn more from not-so-great deals than from home runs.Improving the asset and getting higher rent is certainly an option, but I would really look at some 10 year math to help you decide.

The loan amount is $220000, and the estimated Zillow price for the home is $600k.

Purchase price: $250,000 Cash invested: $40,000 Took a three bedroom ranch home and converted into two separate apartments with two tenants.

Where can I find a broker that can source out a construction loan for a spec home?

They don't want to sell their home, however, but would rather keep it and turn it into a rental property, esp. since it is in a very good school district.Their current LTV is like 20%, very high equity. 

In talking with people already in the game, many have told us that long term rentals right now are not a great option due to high home prices and higher interest rates; they would be very hard to cashflow aside from a sizeable down payment.What these same people have recommended is fixing and flipping right now, since homes are still selling.

I'm seeking suggestions on how to expand beyond my current investments, which consist of one long-term rental and my current primary residence.Background: In 2020, I purchased my primary single-family home near Camp Lejeune, NC, using a 0% down VA loan for approximately $184k.

Investment Info:Mobile home fix & flip investment in North Fort Myers.

I also suspect home prices would initially rise on the first 1-1.5% of cuts, but ultimately fall once we get to the 3-4% range as large  pre-pandemic supply comes back online, compounded by boomer land lords selling realizing the top of the market is in the rear view mirror (at least for them).If you eventually get squeezed on lower rents and valuations as the market normalizes, the ability to BRRR your pandemic era deals will be limited, so how do avoid trapping capital in the deals you already own from this environment? 

We picked up a money order, then asked the tenant if they couldn't leave their home, how were they able to get the money order - they replied, my niece went and got it for me when she cashed my disability check".