this  make sense  if you were planning to  refnance  the  1st mtg anyways  ...otherwise  - I would either keep looking for another 95% heloc  or  make due with a  90% cltv  heloc programRight, it sounded like that’s the way in which Lower is able to offer that high percentage and offer this program.

It can be any percentage or flat fee.

If you're comfortable with a smaller percentage for expenses, change this part of the calculation - just realize you're ratcheting up your risk exposure on the property.Divide the net operating income by the prevailing interest rate (5%?

100% funding is a thing, for example, if the home is $100K to purchase and the renovation is $75K a lender can give you the full $175K however, there are two things you'll need to be aware of 1) there's an option where the closing costs and fees will be much higher, OR 2) you could give your lender a percentage of the equity of the deal (30% - 60%) for a truly zero personal investment deal.

Instead of a percentage to finance...what if it was a partnership and I ran the deal and split like 70/30?

This means a large percentage of your costs are fixed.  

They take a percentage of the overall sales price of the home, not just the appreciation gained.

But as soon as their is a sale of the property - that differential goes away and the property appraiser is free to tax it at it's "just value" - which is usually some percentage below what you paid for it... like 15-20% less than what you paid.  

Key determinants include the percentage of owner-occupied units, contribution percentage for the HOA budget towards reserves, and a clean record without litigation, delinquencies, or major issues.

No mortgage will be issued for greater than their underwriting guidelines including Appraisal and a percentage of that Appraisal.2.