It is literally in black and white right here in the statute.

Agreed one simple adage..

For me it's that simple but I'm sure folks with more properties or properties in different areas have better systems than I do!

Since I'm not really an author I thought lets keep it simple only useful info in this book no fluff or BS just stuff you will need to be successful as an investor.

Quote from @Melanie Baldridge: It's really simple: increase earnings, reduce expenses, save, invest, and wait. 

For example, on what I thought was a relatively simple project in a bathroom reno which was fully gutted down to the studs already, I had more than one quote for over $7k to run pex supply lines and rough in a shower drain and toilet drain off of an existing main stack, all of which ended up costing me about $200 in pex lines, PVC fittings, and sawzall blades.If you need any hardwood flooring repaired, patched, or refinished, you can't beat Dave's Hardwood Flooring out of Blaine - $3k spent with them fully brought one of my duplex unit's original 100+ year old maple floors back to life.If you're putting in any stone counters in your kitchens or for bathroom vanities, Twin City Discount Granite have been awesome to work with, and consistently have the best pricing I've found in the area on fully installed granite and quartz.I also have a great drywall guy, as well as a really good carpet install guy - feel free to DM me if you want either of their contact info!

Hey Ernie, your better tactic is to ask each question in the forums or as a simple post.

I literally just helped on of my repeat investors with this exact same scenario recently.

If the borrower just needs 50% LTV this seems pretty simple to get done, are they looking for bridge or perm financing?

They literally spoon feed you all you need to know and all you have to do is figure out a way how to implement it.