PM me for details!

Impossible to answer without the full details.

The full details of the Guideline are listed below but we are going to tell you what it means to you when making an offer to purchase a Reverse Mortgage Foreclosure first.

@Carrie Reyment, I'll leave the details of your question to those who have done some of those larger deals.

I will send you a PM for more details.

Rented house in Heights is something I would look at, I do like that area, so I would need to see the details of the property to give you a solid answer. 

LOL, but when you click into agent details on MLS you see there's also $270.28 due per month for the land lease rec.

Take a look at this beauty...Here are the details...4-plex located in WisconsinPurchase price: $55,000 (75% LTV @ 4.625% interest 30 yr amortization)Rehab Cost: $25,000Initial Rent Roll: $440/monthEstimated post-reno rent: $1,700/monthI plan to refinance the property once we have it fully rented to pull out the money we put in for rehab. 

If you need more detail here it is:Benefits:A) Temporary deferral(possible reduction)of inclusion in gross income for capital gains reinvested in a Qualified Opportunity Fund (QO Fund)■ Held for 5 years - 10% of capital gain is avoided■ Held for 7 years - 15% of capital gain is avoidedB) Permanent exclusion of certain capital gains from the sale or exchange of an investment in the QO Fund.Example:A sells a property and realizes a gain of $1 million on Dec. 1, 2021.

Property Info:Purchase price: $100,000Estimated Rehab budget: $25,000ARV: $180,000Profit Before Costs: $55,000Extra Fees on the buy side:Closing Costs on the buy of an estimated 3.5% = $3,500No realtor needed for the buy = 0TOTAL: $3,500Hard Money lending detail: 115k loan @ 12.99% for 4 months w/ origin fee & draw fees3.9% Origin fee on loan of 115,000: $4,500 (rounded up)12.99% Interest Rate for 4 months: $5,000 (rounded up)Draw Fees: $1,250Misc Fees (appraisal/commitment/inspection): $1,000TOTAL: $11,750Holding Costs (insurance, utilities, lawncare, taxes): $250/moTOTAL: $2,000Selling Costs: Closing Costs Estimated at 3.5% of ARV: $6,300Buyers Agent Commission of 3%: $5,400Other Misc Expenses: $1,000TOTAL: $12,700Summary+55,000 Profit before fees-   3,500 Closing Costs on the buy- 11,750 HML Costs-   2,000 Holding Costs- 12,700 Selling Costs--------------------------------+  25,050 Profit after all fees are deductedDid I miss anything here?!