I've done it twice now and the last one was by the skin of my teeth that it went through because of the marginal neighborhood.

That's what I just paid to 100% rehab a 3/1.5 with new bathroom, all laminant floors, new AC, paint kitchen cabs with Home Depot's latest Behr Ultra white enamel paint, the best latex paint in the world.

This is all gold, a lot stuff for me to sink my teeth into. 

The thing is commercial residential has some rather big teeth in it, and a novice can get into serious trouble fast on that 8cap property they bought.

(I know banks promise more, but it is like pulling you teeth out through your anus to get it closed!

Make sure you are buying the property right, the rehab is not going to be gold teeth in a dead horse (or granite counters in a war zone) and you stay below 70% of the ARV when all is said and done.If you do those things, you should be fine, especially with an experience partner.Best of luckStephanie

The rest, if there is any, more up sells with a bunch more vague crap that isn't going to help you one bit unless you plop down another large amount on your credit card for the V.I.P blah blah blahExit, testimonials swearing a single mother of 20 kids with a 2nd grade education and no teeth makes a million bucks a month following the exact system.

When I blew the lines out, enough water came out that I could've made a pot of coffee, brushed my teeth, and shaved.

Basically, if you can show a lender you don't need a loan you're more likely to get it.Otherwise, might be more successful in selling hens teeth on E-Bay, LOL :)

Because honestly who cares if the property has a 10% for expenses, if debt servicing is 80% then you just took it in the teeth.