Hi BP,My brother and I will soon start doing rehab and flipping in Deltona, FL. Both of us have a couple of properties in different states (buy and hold) but want to try flipping to earn money for larger multi-family ...

Having a good team is the hardest part of the business.

Some experience is preferable in negotiating.If there is any way you can owner-occupy the house whilst renting out the rooms to the students, you will get a more favorable treatment from the bank in terms of loan and interest rates.

If my understanding is correct the banks will further break them down into smaller pools and continue to sell them off to other smaller banks and brokerages where they would be available (as pools or one-offs) to individual or small team investors.

Not sure who you bank with, but smaller community banks tend to have more favorable solutions.

Quick easy ROI as long as you have the right team that is reliable and sticks to your time frame. 

The price-to-rent ratio’s are also not the most favorable making it hard to hit certain criteria, like the 1% rule.

@Brian BandasThe single thing that will impact your out of area (state) investments is the team you have on ground in the investment area.

Great information on getting a team together in the area that i will be buying.

I suppose I was wanting to understand what is the typical required hold time to show rent stability in order to get favorable rates at the time of cash out refi.