However, we backed out of said deal because we found out we would only qualify for a certain amount of money on a second loan that was way too low for the market I live in.

However, considering this will also be used as my secondary residence, I'm drawn to the security and amenities condos offer, and once I've secured this condo, my next investment focus will be multi-family properties.I'm curious about the current condo market in Stamford.

I have also noticed Manufactured and Modular homes have become very popular due to the current Florida market and over priced homes.I have had a big uptick in buyers reaching out for help on vacant lots and putting in a new Double or Triplewide Manufactured. 

1. you're right in the new ones from developers don't produce any cashflow. you might want to look at the secondary market to get better yields as the properties are already built and can cashflow right away. also easier to see comparable rents in the same development. check bank repos, distressed sellers and the like. you might also want to get a parking slot for added income as they can be leased out separately. it's also quite difficult to sell without one should you decide down the road. developers usually have an in-house leasing team to handle property management which we use for some of our properties.  

Interested in flipping a home that would qualify based on HERS rating + energy savings and would like to partner with a lender to market the property as eligible for EEM.

So if the buyer owns the property is he or she able to market and resell the property while making payments on the owner financing deal?

Now, I'm ready to take the plunge myself and explore the world of investment properties.About Me:With five years in the real estate industry, I've honed my skills in understanding market trends, property valuations, and negotiation strategies.

Already, the housing market has taken steps in this direction.

We no issues closing in an LLC, as a matter of fact most of my lenders will prefer it (assuming it is not your primary residence)Assuming it is not your primary residence, the easiest way to do this deal would be through a DSCR Loans.A DSCR Loan will use current rents or market rents if the property is vacant and personal tax return from you would NOT be required.It also referred to as a No Ratio Loan because your personal Debt To Income is not important.What is important is that the property can pay for itself.If we keep the LTV Low the rate for this loan can be better than a conventional loan.If you ARE Living in the property and you want to keep it... it would mostly depend on how motivated you are and how willing you'd be to "postpone gratification"The best bet is still a DSCR Loan.. which means you moving and renting the property out.We can bring in Asset Based Financing that can help with cash down (if you need it) or to pay cash for another property for you to reside in.Once you're moved out we can do the DSCR Loan at a 70% - 80% LTV or we can calculate a comfortable cash flow number.For example, max cash out that will give you $500 cashflow after a full PITI payment.Let's discuss more!

In the current high interest market, is home equity loan still reasonable?