@Mike HernThere were 5M housing transactions last year 83,000 involved some form of seller financing.85% of those were by people who only did one transaction.The above is seller financing and is not all sub2.How many deals are people really doing…..Source: advanced seller data services

In some situations, it may make sense to hire a pro to get the job done quickly and correctly, then you can rent it out earlier and offset the additional cost, or at least part of it.My first house took me six months to renovate.

An example is a retail/service center I currently own with a couple of other investors.  

The basic "hits" can be seen here: https://singlefamily.fanniemae...When the "adverse market fee" was in effect, it was in addition to those things at the link above.

I think most of us legit lenders are going to take LTC into consideration in addition to ARV.

Same loan terms as mentioned earlier but new company name (ACCESS FUNDING SERVICES) and new "lead person" (Ashley Westwood).

There is a huge need for good rentals and so many ways to provide that service. 

in addition, some prohibit rentals or have rental quotas, most of which are already reached and effectively are prohibitions. 

****Just to clarify, I'm talking 2 or 3 years down the road after I have successfully completed 5 or 6 flips and have the additional income and experience to show for it.

He was very forth coming with his information about exactly what to expect from his services and gave a lot of personal anecdotes about his experiences.