Because you are forcing equity into the house you are sometimes able to pull back out the entire purchase and rehab process to return to your investor then you own the home with just the mortgage.

I am eyeing up a property I want to buy that costs much more than usual so my plan was to use a hard money loan to purchase, and rehab it with my own money, then sell. 

Hi everyone,Does anyone have any useful spreadsheets / checklists / anything informational as I begin my journey into fix and flips? Trying to make this as structured and organized as possible.Thank you.

Sounds like you got a property with minimal out of pocket.You could try posting the room on FB or Craigslist.

The market is ALWAYS changing but I know at this time, seasoned investors are getting 80% LTV on DSCR in the 6% range and 90% of PP/100% of renovation if total loan does not exceed 75% of ARV for FixNFlip loans. =)  

@Sakib KhanRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

- properties going at a time as a sort of hedge against 1 contractor holding me back on 1 property rehab.

I have been with a property management company for 2-3 years in Arizona and the property is being run continuously at a loss.

It really delays my entire plans.

The property is located in a prime growing area in northern Alabama.