Based on my research, Los Angeles, Fresno, San Diego, and San Francisco are some of the top markets for travel nurses.   

As long as it gets approved, the overall process should be less than 120 days based on that packet. 

Whether you're a seasoned investor or just starting out, I'd love to connect and share experiences, insights, and ideas.So, if you're based in South Florida and share a passion for real estate investing, I'd love to hear from you!

This is based on your numbers and I don't share your optimism that a 1/2/3 12 unit mix will bring in $12,000 per month there.Try to find a local partner with experience doing the building.

Thinking about making the first purchase:roughly $90K sale pricePlan to purchases with 100% Home Equity Loan 7% interest only for 12 monthsInvest $20-30K in renovations (using 7% interest loan)Anticipated value $150KThen Refinance $90K with conventional mortgage before the 12 months are up.It will cash flow $300 /month based upon current market rentals.Question: Could I also consider selling property where I finance?  

Peter,That does not sound accurate based on having a Schedule E and being able to take those deductions as well as other standards.As an investor it’s not a bad thing to show more gross income which usually allows you to buy more properties with more income and a lower DTI.

Covering all bases, right?

Fannie publishes what they charge to price in adjustments based on different loan factors if you google fnma llpa it will come up. 

It’s based on their purchasing power, which I know changes at 4 because 5+ we will calc DSCR to determine LTVs. 

Even if 3,000 a deal was held back that with no growth that is close to 1 million dollars cash to play with for investing.