On projects, where the GC is supplying the material/labor and carrying the cost the incentive is to get the work done ASAP in order to sell and recoup the investment.   

I just listened to the podcast with Jason and Carrie Harris from Utah County and it gave me some hope for finding deals in Utah.Thanks for reading!

Will - I'm working to refi primary and another rental we have, but selling the primary before running out of cash on hand is doubtful (it's also an expensive property) and we'd need to sell one property to be able to carry the flip house mortgage long term. 

Long story short, your HELOC is going to carry a 6%+ interest rate to start with and most likely will climb from there.

You will need to be able to carry both the loans to qualify for the purchase.* If you are moving just a short distance from the current PR and/or moving from a SFH to multi, then make sure you have very good explanation letter to convince the underwriter why they should approve this purchase as an owner occupied.With regards to the financing options, I always prefer conventional, so PMI eventually drops off.

Caused the buyer much higher carrying costs and months of delay in securing the rehab loan to finally finish the house.

@Robert TylerTake the class and Get your concealed carry permit if you are going to carry a gun.

He is asking $500,000 and is open to carrying half through seller financing with half down but I don't know if that's the best option.

And be sure to check with folks other than your family banker (where you carry all your accounts) - you'd be surprised how much price / term shopping can save you on each deal, especially early in your process.

Maybe that was your plan.Ten houses fully paid for can bring in $10,000 a month and take very little effort.35 houses cash-flowing $300 each can bring in the same amount of money but require far more work and carry far more risk.What's your goal?