All food for thought.

Will the Rehab that you have effectively done make up for a market correction thus allowing you to pull equity from the property to properly Repeat the process or do you just have to wait for the market to bounce back before you can refinance?

My credit is a 784.No bills besides phone and food so my DTI ratio is great.

Keep in mind that those loans with be full recourse (you have to personally guarantee them).Other food for though would be, if you decide to get into larger deals with loan balances over the $1MM then you can get non-recourse agency loans and it would be unusual for it NOT to be in an LLC.

People don’t sue people that qualify for food stamps.

People don’t sue people that qualify for food stamps.

Can't cook food = not a kitchen = not a house, in Fannie Mae's eyes.Example of a go: 1970s gross yellow wallpaper stained with cigarette smoke, fridge from the 1980s in that yellow color. 

I’ve worked with many other hard money lenders who are now classified as “do not work with” because their process, or lack there of/pricing/in ability to close quickly and DCP has by far been the best experience.Apologies in advance for the novel, but hope it helped. 

Just not today I’m currently suffering from oyster food poisoning while on the beach.

People don’t sue people that qualify for food stamps.