These loans that include future rehab will come in different flavors from current 7's to 12%'s in rates with different speeds to close, ease of access to the funds, different pricing and requirements to qualify.Typically the more Full Doc or tougher the qualifications are (like debt to income or DTI req's) the lower your rate/pricing so its a trade off.

If my total loan amount with closing costs is, let;s say $145K I would not pay off the balance in 0-5 yrs, so I would not have to pay the PPP is that correct?

But start with a multifamily where you can live in one unit and rent the other one(s).

This means you can buy now at next year´s price and start profiting.There are also amazing foreclosure deals.

He also lives near the property and in his mid 50's. 

I have been wholesaling and flipping properties for a while now out of an LLC taxed as an S-Corp.

Quote from @Michael S.: @Josh MacI sent you a message for the promo code. 

@Greg S: In Texas, they wrote a law specifically stating that the property owner must show proof that the Deductible amount is/has been paid. 

We have 100's of properties over there.

Dont' have to be best friends, but there is a path (if ego is set aside) that we can all together elevate this industry rather than tear a piece of it down.