So, I told him I would pay full retail only if I can cash flow the properties by having a payment no more than 45% of current rents ( not projected rents) and at zero percent interest.

Purchase price: $85,000 Cash invested: $45,000 Sale price: $172,500 This was a relatively straightforward project.

I am looking to do some conversions from SFH to duplex on a couple properties and build relationships for future BRRRR opportunities!

If you ever need advice on financing for your future deals, feel free to reach out. 

I know this has been posted quite often, but I'm looking for recommendations for a Contractor that might be able to fit in a couple projects within the next couple of months. 

This will allow you to make more accurate projections for each property.In terms of determining cleaning costs, insurance, and other expenses, it would be best to estimate these costs separately for each house.

In this example, I didn’t include any CapEx costs and the loan is 75% of the value.LTCWith a LTC structure, the lender is willing to lend funds as a percentage of the underlying asset’s purchase price plus renovation/repair costs (project cost).LTC financing is generally viewed as favorable for the borrower albeit, riskier, due to higher leverage, less debt service coverage, and renovation risk in the form of underbudgeting.LTC = Loan Amount / Project CostsMost often, lenders are willing to offer LTC terms structured as a bridge loans.

The goal is to be able to fund 2 projects at once with my own cash.

Hopefully she can grow the place in the near future. 

I am not trying to say I am some guru who can see the future, but i have been vocal about this for some time now on BP.