Hello @Kimberly Harten :It seems that you could make the down payment on the contract price of $120k ($18k), then once you close, re-fi at the ARV to extract your equity or get a loan on the excess equity.Bob

I have learned to leverage that skill set from my W2 job to swiftly process information by compressing and extracting the content needed to make good sound decisions and take action quickly.

Hydro power generates more energy than is input into the power plant because the sun moves the water from the oceans uphill by way of rain.Petroleum produces more energy than is consumed in extracting, refining an transporting it because biological organisms captured the suns energy in the form of converting simple molecules into more complex ones.There are fundamentally only two sources of energy available to us with out current knowledge of physics - solar and radioactive decay.

The keeping of our liberties is a power grab which will not allow us to experience the blessings of having given up some liberties temporarily for the purpose of extracting those who would attack us directly.It is the same as a government taking control of a business or two or three and being able to control what its employees do ad do not do.

Unless their job is to extract education/course/coaching fees from the other 90% it probably is neither fun nor productive.

I also have personal interest in visiting the area more often, so travel to inspect and manage the property suits me.I anticipate this property will have a stronger resale value at some future time and that extracting cash from the rehab before sale makes sense.

And they're going to realize that the pitchforks and torches were all an unnecessary dog and pony show run by a ringmistress bent on extracting a great show of moral vengeance for doodling in wet concrete.And the predatory advice the OP has gotten here...Saw out a six-foot block of concrete!

Thousands a month are needed in advertising to extract good deals.

In other words, for the past 16 months I have been *almost* breaking even while trying to extract myself from this investment.I highly recommend that you check out Peter Renton's website before you jump whole hog into Lending Club.He is no slouch, and is making low single digits on Lending Club. 

@Alison MichelDOM can be used as a negotiating tool to extract a much lower price.