The renovation budget can be artificially inflated so you can have a "cash pillow" for maintenance or anything else really.The conventional loan for purchase and rehab is the most commonly used by investorsIf you have a company it is also possible to apply for loans but it is necessary to have at least 6 months of activity.

Worse case scenario you distribute from your Roth early and pay taxes and a 10% penalty.

But since you reached out, I might as well network a bit while learning..Thanks Logan Hi Robert, A hard money lender bases its loan around an asset, most commonly real estate.

But here are some really interesting numbers...Ok so this one doesn't look too bad but notice how much more the townhouses and condos dropped in prices over the last downturn.2007 peak to now isn't so good...Before the 2007 run up to now is better, but even then, apartment condos performed the worse (so best case scenario, you have the worse performing asset type, worse case scenario you had a terrible return), and that's assuming you had nothing go wrong with the condo (special assessment etc)But benchmarks don't even tell the whole story, because if you had a specific condo investment, and you tracked it's value overtime, benchmark prices isn't the right approach as it evolves overtime (benchmark price is the price of a typical property generated at each point in time).

This is commonly repaid over a one year period.To clarify with an overly-simple example- you said $600/month in an increase.

Thank you in advance for any information/guidance to this scenario 

This may not apply everywhere, but it is a common situation.

Scenario: I have two Airbnb’s I want to cost seg for 2024.

Deeper discountsMaybe I’m wrong but worst case scenario is that I spent money, learned a lesson and helped some people out.

I'm not a lawyer or expert on deal structuring but what we see the most common is a single GP (general partner) and a number of LP's (limited partners).