Most lenders will want a minimum of $100K for the property acquisition and rehab.

Hi all, Trying to check the temperature on how people are thinking about FL's new inspections and reserves law (which will impact anyone with a condo or a coop in a building 3-stories or taller).

It seems like a hot market with high appreciation prospective with cash flow.

I don’t think you’ll have a problem selling it as it will be highly desirable for either an investor or a home owner looking to house hack.

High interest for a short duration that you control seems like the way to go to me. 

But things are different now, the interest rates are high.

It's on the far NW side and has inventory in that price range, but consider that taxes are relatively high in Elgin VS most suburbs.   

Because investing in real estate in general seems to offer more of an advantage than just stockpiling extra money from our W2 job into a high yield savings account. 

I don't know if this is a rule of thumb, but it's what I usually do when skimming properties at a high level.   

Their loans are rehabs, commercial bridge, portfolio, and 90% acquisition.