It is also important to know how to sign documents correctly. 

All of this would be written out in an addendum to the sales contract and signed by both parties prior to closing. 

Our goal is to complete 2-3 fix and flips per year, and at 3 per year, a time frame of 4 months would let us hit that goal.MARKETING PLAN Finding Deals Wholesalers Direct Mail MLS Bandit Signs Selling MLS Bigger Pockets CraigslistFINANCING Equity Partners Private Money Hard Money Lenders Conventional Financing Capital Earned from Completed DealsHOW TO DO THE DEALS We will locate and purchase undervalued properties through the use of our marketing strategies.

If they are going to "help" you, everything should be put in writing and signed, just like a purchase contract.

I worry about the vacancy rate with an airbnb versus the steady income of a signed lease Pueblo specifically. 

We did one showing and the lease was signed 2 days later after we did all the background check.

This means you will not sign a personal guarantee on the loan to the 401k.

We drove by a new for sale by owner sign of another house, and when I was leaving, I drove by.

The owner isn't too keen on putting it on MLS and rejected working with realtors but willing to sign a contract with me. 

Unused contingency funds, unless they were received directly from the borrower, must be used to reduce the outstanding balance of the renovation mortgage after all of the renovation work has been completed and the certification of completion has been obtained.The loan is not re-amortized.Draw Schedule:The HomeStyle program has a maximum 4 draw process.The initial draw can be up to 50% of the total project and can be for materials for the project.The final draw will be at least 10% of the total project as retainage and funds will be released upon receipt and approval of final inspection, Certificate of Completion from Appraiser, signed All Bills Paid Affidavits and Lien Waivers.Additional Draw Information:Ø Signed Draw Request by borrower and contractorØ Signed All Bills Paid AffidavitØ GMG review and approve the draw request and will release funds for disbursementØ A check will be issued in the name of the borrower and contractor and delivered to borrower via USPSØ An inspection of work to date will be performed at 50% completeFinal Draw Information:Ø Signed Draw RequestØ Final inspection/Completion Certificate will be required for release of final fundsØ A Title Update showing property free from lien or encumbranceØ General Contractor’s Lien Waiver AffidavitØ Affidavit of Completion GR will review and approve the draw request and will release a check in the name of the borrower and contractor.Change Orders and Cost Overruns:Changes to the initial plan are not permitted unless prior approval by Guaranteed Rate.