Can you extend the loan term if needed?

We tag them w/ a notice that says they'll be towed if tires aren't inflated or if they've sat for long periods of time w/o movement, invalid tags etc. 3.

To make the deal happen I had extended a small second lien note to him so he could repair the property enough to get bank financing.  

There are seasoning periods which means you have to wait if you want more cash out if the property because of property improvements, time passed or a combination of the two factors.

In a stagnant market, you might need to hold for an extended time for the value to increase enough, and the pref might mature before you can get there.  

Period. $9kish depending on wood damage.5) Hard to say, windows and doors may be fixable by replacing trim and recaulking.

HELOC is best for short term money, because the interest rates are adjustable, while the second mortgage is a fixed rate for a period of time.  

Lenders generally rely on formulas when arriving at the loan amount they are willing to extend to you, the borrower.

Step up into the 300k or high as you can and you'll see some great appreciation, quality renters and shorter vacancy periods if any.Sink as little into Dead Equity as possible, write off everything you can and after 5 to 7 yrs, when you click on my website and see: 100% 80/20 680 score, NO DOC Hybrid Option Arm with 1% min. payment rate100% No PMI to $1,850,000100% No PMI- one day out of BK to $1,000,000SELL, SELL, SELL, SELL EVERYTHING!!

The fastest and cheapest cost segregation is through DIY software, but it has significant drawbacks:  https://www.biggerpockets.com/forums/51/topics/1136752-expla...Some areas (like mine) have extended deadline beyond Oct 15th.