Essentially, you have to spend your own money and complete work on the property prior to reimbursing yourself out of the escrowed rehab budget.The draw process typically takes 5-7 days from initial request, to scheduling an inspection, and finally for the lender to wire those funds to you after your work is confirmed by the inspector.

Now it’s probably the Midwest,But my the time you get to the Midwest and establish a footprint and “street credibility” with the brokers and sellers another market may be strong.If you are going to invest out of area, you will need to spend “face to face” “boots on the ground time” there.

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

If you have the time and effort to spend I'd recommend house hacking locally to you.

At some point bank has to know their customer and will ask why I get all these $50,000 checks, but no spend. 

Clearly spending time here bantering with me is getting you pretty far in life.

Classes B and C are okay, although we will spend more time analyzing a Class C.

I’ll spend more time looking into those areas.

On top of your general inspection, this will be the best few hundred dollars you will spend when buying your home....

If you don’t, you might end up spending more on repairs than you’re making in rent.Tips for beginners?