Don't you mean 14.99% with a 20K liquidity rule?

It's nice to have the cashflow, but also know I could liquidate the note for cash if I needed/wanted to.

I do have a good amount a liquid assets in the bank.

However in a Condominium Hotel, during the time they do not occupy their units, they have the option to rent out their Condo through the hotel management and receive rental income on their property making the ownership of a unit an income generating property and self-liquidating investment with hassle-free property management as the hotel can rent out their unit, with all the services provided, by day, week or month.

How liquid is the condo market in the area?

I do have a good amount of liquid assests.So I'm looking to rehab a house but I talked to a loan company and they told me I couldnt get a loan because I just started my own company.

So here is the question....Scenario: excellent Fico score 880, liquid assets, and want to make a purchase in the 30K range for an investment property but don't want to use cash.

Investors face many risks no matter what investment they look at: these risks include such things as… • Political risk • Monetary risk • Economic risk • Foreign exchange risk • Inflation risk • Business risk • Liquidity risk • Interest rate risk • Default risk • … and others.

The lenders that you are talking to may be offering a pay option arm which for someone with no income and no liquid assets could be a very risky thing.

Sanding and painting would be cheapest - a couple sheets of sandpaper and couple can's of spray paint.PS - I don't mind the covers at all.Good luck ...