Here’s the bottom line; unless the deal is VERY large, or the sponsor is going to syndicate a large number of deals, the investor will make more money purchasing the property theirselves with a option low to moderate interest rate loan.  

Initial Financing: Used a hard money loan (HML) with 10% down, interest-only at 10.95% for 1 year.

It is not something that you can access immediately, like same day.It usually requires 2 Business days to process loan request.

Real numbers- purchase 907k,rehab , closing costs, soft costs, 840k, all in 1.747 mil, basis for each unit should be roughly 291kappraisal of each unit minimum 400k , so 2.4 mil if for all 6.I might refi only 4 out of 6, that will cover initial loan amount.

I would love to connect and pick your brain a little more to understand structure of these loans! 

If you are already experiencing slim profits with a fix and flip loan, it will not be any better on a HELOC.

Im assuming I will learn the markets and what it takes to get a loan ect.

Even if you only owe $26,000 on the loan, your payment will still be the same.

Will you be funding your own rehab or would you need to roll those funds into your initial loan?

I'm currently reading David Greene's "BRRRR" book and I will be utilizing my VA Loan as a first home purchase (duplex) for my first home utilizing the VA Loan.