Typically hard money lenders will lend a maximum of 70% of the ARV so if you are below you will have more flexibility on the initial loan and the refinance (better terms or higher cash out) and of course more profit if you sell

Here's how it works:If their deposit is $1,500, they can either choose to pay the SD in full or elect to take out what is essentially a loan with Rhino Insurance and only pay $25 per month ($20 goes to Rhino and the remaining $5 goes to the PM company) toward their $1,500 SD.

Are you asking as a buyer, or as a loan officer?

Conventional non-owner occupied loan. 20% down.What was the outcome?

Apologies - I hadn't realized you had cross-shopped between AgSouth and Vystar for the same loan prod. 

Hi John, feel free to reach out if you are looking for some additional options on your DSCR loan!

I have leveraged VA loans, not for this case though. 

Questions Regarding Property Registration Restrictions in a Joint Venture Model:Are there any restrictions when attempting to change the property registration with the county (through the title company) if the property has an active Hard Money Loan or DSCR Loan?

Finding it through your Facebook sphere shows the power of networking, and keeping the rehab cosmetic was a smart way to minimize risk and maximize profit.One thought: Have you factored in holding costs, loan interest, and potential market fluctuations during the 45 days?

Yeah, this one just got the gears turning on a tangent because it almost makes it sound like if you buy one subsurface right, you get them all.