If you revisit your model but make an assumption that your cost basis for the property (cost of purchase and cost of rehab) remains under 75% of the property value then how much quicker can you achieve your goals?

Any way I can do it quicker with a small lender or something?

Mike Fixer’s Quicker Cash Flow – Less CompetitionThere are many good reasons why fixers are the perfect properties to begin a real estate investor career.

@Philip Pape Are you looking to refinance conventionally (Fannie/Freddie backed) 6-12 months after purchasing or with a bank that holds its own paper that can refi you quicker into a commercial loan program they offer?

@Colette B. which strategy will get you to your cash flow number quicker? 

I'm currently doing a rehab on one now, and will do a cash out refi in 6-12 months and based on current values in the area will get 90-100% of my invested cash back out of the property.It did take some time to get to where I think I'll be able to sustainably do 3-4 deals a year, but I probably could have proceeded much quicker had I had BP several years ago.

Bide you’re time , it’ll go by quicker than you think and then kick em out .

This rent control business has been in place in some areas for quite a while, but as far as I know, it's never been challenged Federally.If it's effect on the Lending Industry could be demonstrated (not as more opportunity for them, but as creating losses for them) it would probably sail through quicker (remember they gave them bailouts in the last downturn, not us).Just my 2 cents.

That can change opinions a lot quicker than a verbal offer actually having something in hand… especially when It’s been on market for so longExplain to them why your offer is what it is based on the financials and see what happens !

If possible, see if you can pay down your rental property (even if adding $50) monthly and/or payoff your primary residence a little quicker with extra payments monthly - either or.