Guru's pitching programs that are one size fits all are no longer worth the investment - and we all see plenty of them being pitched on social media. 

I'd suggest scheduling a tour with each company and deciding which one fits you best.

Offering $190K–$200K with a fast close could be a smart strategy if the seller is motivated, but it’s always important to make sure the numbers still provide a solid return—whether you flip or hold as a rental.If your focus leans toward holding this as a rental, our DSCR (Debt Service Coverage Ratio) Rental Loan program could be a great fit.

It was a good fit but STR, LTR, MTR really depend on where you are in town. 

The higher the median sales price is over the national average, the more affluent an area is; ultimately, resulting in the majority of the sellers not fitting our ideal "motivated seller" demographic. 

I have got one lead that was a prefect fit for my quest via SMS;  (sub to sellers due to covid etc financial stress) but the house was not what I would want to rehab so after meeting at the house I never followed up.   

There are so many different angles you can take like, acquisitions, flips, rentals, land development, construction, creative finance, you name it.

However, MF5+ that doesn't fit in the agency or institutional boxes are still not favorable loans as they tend to be in the 7-9% range compared to agency/institutional in the 5-6% ranges.Cheers!

As we near the final stages of construction for what will be our first STR, I'd love to connect with other investors across the Country that fit into one or both of the two boxes below to share/brainstorm/network:- small STR rental owner (sleep count of 4 or less) that is located just outside of a medium metro (property is located about 20 minutes to Duluth, MN); and/or-STR owners with a studio or ultra small 1 BR or efficiency style STR offering that is fully on-grid (sorry for the non-grid folks...interested in exploring/connecting on that more at a future date)Some subjects of particular interest:-direct booking setup/site recommendations/web hosting, etc.

For a first-time buyer looking to pick up a fourplex with 3.5% down, your best fit is usually an FHA loan — it’s one of the only programs that allows low down payments on 2–4 unit properties as long as you plan to live in one of the units.