Flips are quick round trip investments and with construction financing the interest is only charged on the drawn portion of the loan. 

Financing a property with a loan that in 6 months charges interest of 19.8 - 24% is beyond risky - it’s suicidal.  

I've heard Bnbtally helps, but it gets expensive since they charge per property.For 2 properties, it will be difficult to find a cost-effective solution for this, unfortunately.

Most investors jump into a DSCR application to buy a property but then find out after the appraisal it will not work.

@Paul De Luca we've been dropping rents, and getting prospects to show up, but we're having a tough time getting past the application stage to lease.  

Fees vary, but expect a few grand between permit, plan review, impact fees, and utilities.My advice — do a pre-application meeting with the city or county before you close on land.

You don't want to be charged with bankruptcy fraud, for sure!.

Quote from @Basit Siddiqi: What are you seeing as the cost to set up an SDIRA and what the custodian charges on an annual basis?

This part of town seems to offer more affordable options while still being relatively safe and convenient for students.The goal is to:Provide housing for our daughter and her friends starting January 2026 (spring semester).Structure the purchase as a primary residence, so we can qualify for better mortgage terms.Include myself, my husband, and my daughter on the mortgage application to strengthen our position and meet the owner-occupied requirement.Convert the property to a full rental down the road once she graduates.We think the $30,000 should cover a 5–10% down payment plus closing costs under the primary residence structure, and the property would serve as both a short-term housing solution and a long-term investment.Would love advice from the community on:Does this sound like a smart way to combine student housing with a first-time real estate investment?

Companies I've found and the cost they would charge for 1 property under 500kKBKG - $450 - (audit support included)Re Cost Seg - $1800 (audit support included)DIY Cost Seg - $495 (+ additional $195 for audit support)Would love feedback to before settling on one.