I know several HMLs who lend at 12% with 1-3 points.You might be able to get 10% if you had a long-standing relationship with a private lender but I think you'd be safe to assume 12% if you're just starting out.Yes, HMLs usually want 65-70% LTV max, so that would be 30-35% down.New HMLs will loan that on the after repair value (ARV) but smart/established/experienced ones will loan 65-70% of the purchase price and then set up a draw schedule for the rehab, usually with the borrower funding each stage and then getting reimbursed after an inspection which verifies the funds were spent on that stage of the rehab and it was completely finished.So if you bought something for 100K, the lender might loan 65K, you'd bring 35K to the table.

IF you find a hard money lender who will give you a construction loan of $140000 expect monthly payment to be $1440 plus tax, insurance  and costs $10000 to set up and may have a prepayment penalty.

I’m extremely uneducated when it comes to air conditioning systems, and have a question about our current properties filter setup.

Well maybe with the tenant already being this far into the program you want have to wait much longer because I know all landlords are struggling right now because of the way the government has evictions set up right now put landlords in a bad spot the pandemic was out to help every other small buisness in the world and the poor ol landlords got the short end of the stick on that deal but thank God programs like this one will atleast get you somewhat out of the hole with some of your tenants cause I know me myself if it wasn't for a program like this I would have had to move and would have left oweing my landlord money and I would have hated that and I would have left alot sooner cause my landlord has been amazing even before the pandemic so I couldn't see doing anything to hurt him are cause him a setback because I was going to leave on the front end of this deal and he was the one that asked me to stay and said we would make it through it and he would get back the majority of his money and Susan you sound like one of those landlords to even know at the time landlords were throwed a curve ball some of yall good ones with heart still hung in there with what was right by your heart and feelings because we was put into lockdown and couldn't work we wasn't behind on rent because we was drunk all weekend and couldn't make it to work on Monday morning we as tenants was actually throwed a curve ball to and its a blessing to have people like you out here Susan that is about what's right before its about a dollar and everyone needs that dollar to cause landlords have bills to and people just like us but some of yall shine and Susan one of those that shine and I pray everyday we could have some Susan's in this world because when life throwed landlords the curve ball yall didn't know anything about this program and that's when the real hearts got to shine and that's why you will be paid back as much as can be allowed because somebody works in mysterious ways.

We set up a separate construction LLC for the purposes of separating the two businesses. 

These are "good" deals, by definition, for you. 3) Set up a search with your agent, and be ready to react whenever your definition of a "good" deal comes on the market. 

I’d like to get solar and the Tesla battery setup but power is so cheap here I can’t justify it. 

The long answer to this is that I've recently put together a class on which banks are best for landlords, as well as the separation of accounts for landlords and I'm currently working on ACH set up and how to incentivize this for tenants. 

I used Fairway Independent Mortgage Corp to setup my mortgages but they don't service the loans so they will transfer your mortgage to a partner bank for servicing.

I am going to be local but I am a traveling RN and wanted to set up base so I took a 3 month contract in Columbus so I could get this property and set up property management and systems so I can receive passive income.