And now- I met local guys who we know and trust that do fix and flip.. so I just need to funds for the loan.The loan calculations- I've found a lender that lends 90% of property price and 100% of rehab - https://vistacapitalsolutions.com/financial-options/fix-and-...so for a 120k property, I estimate 20k of repair.- I borrow 140k- pay 10% down (14k)- pay  3% closing costs of $3,600- the amount due after 140k has the down payment applied is 126k.- 10% of 126k must be in the bank when you borrow so $12,600 must be showing in savings.- the bank account must also show 6 months of interest payments .. at 1% per month that is $7,560... so $12,600 + $7560 = $20k- so adding down payment, 10% showing, 6 mos payments showing and closing costs, you need 37k in the bank before they will loan you the 140k.Most fix and flips take about 6 months to do, that's why they have those loan terms.

Hey AJ,You’ll need to call the county assessor directly and ask for the formula they use to calculate property taxes—every county in Georgia calculates it differently.But fair warning: I’ve had experience dealing with several counties in Georgia, and they rarely give a straight answer.

Find a mortgage calculator app and just run through some houses on Zillow to see if they would cash flow.

Calculated risk, always calculate the risk. 

Lots of ways to calculate but simplistic is I’m collecting $5k per month on a $102 k investment.  

.- the calculation for the initial cost included a fee processing budget.  

So, you should research what your property taxes will be if you buy and plug that into your ROI calculator.

Can you show the calculations behind the strategy?

Not all DSCR is the same so you see no-ratio DSCR up to 75% LTV, though often use the higher of the two for debt-service ratio calculation. 

Quote from @Micah White: @Jaycee Greene I'd say roughly 80-85% LTV and about 1.1-1.2 DSCR@Micah White Is that DSCR calculated using just PITI (like hard money loans) or does it use all operating expenses (like a bank or credit union lender)?