He told me I could lease it or even Airbnb it.He has some sort of loan against the property that he has to wait until July of next year, in order to not be penalized for pre-payment.

@Kyle KrawiecIt depends on how much cash you have to invest, your pre approval, and where you're interested in purchasing.

Food for thought.

I've got pre approved for a loan and have extra cash saved up.

Question - what are the best software packages that can calculate short term rental analytics? 

Everything I have learned about BRRRR says to get pre-approval for refinancing before going through with buying the deal, my question is.. how do I go about getting pre-approval for refinancing on a property i don't even own yet?

This is the breakdownLoan CostsA.Origination Charges$1,7820.325 % of Loan Amount (Points)$492$150Application Fees Lender Fees$1,140B.Services You Cannot Shop For$1,044Appraisal Fee$850Attorney Review Fee (TX only)$150$13Credit Report Undisclosed Debt Report$31C.Services You Can Shop For$2,699HOA Transfer Fee$150Resale Package$300Survey Fee$539Title - Document Preparation Fee$50Title - Escrow Fee$425Title - Guaranty Assessment Recoupment Fee$2$130Title - Lender's Endorsements Title - Lender's Title Insurance$1,103D.TOTAL LOAN COSTS (A + B + C)$5,525Other Costs E.

What is the best software out that compiles pre foreclosures, foreclosures, tax delinquent, bankruptcy, REO's ect.??

My secret is drinking tons of water, drink tons of caffeine, cook your own food, and get at least 6-7hrs of sleep. 

What is the best software out that compiles pre foreclosures, foreclosures, tax delinquent, bankruptcy, REO's ect.??