Investment Info:Single-family residence fix & flip investment in The Villages.

We would need any 1 of these 3 things to fix it, according to Fannie Mae.1.

Where are all your fix and flips in Chicago?

I'm looking at two different lending options.Regardless of which option I choose, my plan is to refinance by Year 5 of owning the property to: a) get rid of PMI if appreciation is good and LTV < 80%, and b) cash-out equity to purchase a second house hacking property.Assumptions: All in cost: $506,500 (purchase price + rehab costs + closing costs)FHA 203k already accounts for ARV, no natural appreciation, value is flat with LTV at Year 5 between 88-90% 30 year Fixed Rate Mortgage 6.5% APR and 3.5% down, P&I of $3,0915/1 Adjustable Rate Mortgage 6.0% APR and 3.5% down, P&I of $2,932That's an additional ~$150 in monthly cash flow during the first 60 months of owning the property prior to refinancing if I go with the ARM route. 

Hello-Long time Real Estate Appraiser looking to transition to full time Investing (Flip, Fix up and rent out).

Here's to your bright future in real estate!

Hey BiggerPockets community,
For those of you flipping in DFW, how are you finding your projects right now? Inventory feels really tight, and I know a lot of investors who are struggling to get their hands on somethi...

Investment Info:Single-family residence fix & flip investment.

Hello, I am glad I joined here and got me an opportunity to connect with a lender that helped me purchase my first fix and flip using 10% down only. 

Investment Info:Single-family residence fix & flip investment.