Brett,I have never heard of that company but any reason why your not using an FDIC Bank or well known lender? 

So I get that "lag" almost every time, plus I deal with our corporate bank... so they always have that lag. 

I have two banks that have done so as well as a credit card, and know of a couple of organizations that have as well.

However those with no to very limited experience will never get a fix and flip loan  from a bank. 4.

Did you finance this deal with a local bank or credit union?

But, you can go up to 65% loan to value with no reserves, or up to 80% loan to value if you have 12 months payments already in the bank (12 months reserves_.

In the situation you're describing, all the leveraged owners of real estate will be the *first* ones to implode right off the bat (and have to turn over the keys to the bank).

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

Too many investors waste money on general handymen trying to fix everything, only to end up hiring a specialist later anyway.6.Each property should have its own bank account.

I agree with the others here that say you need to have some skin in the game, if you are going to live there yourself, get an FHA loan rather than owner financing, you can get a 3.5% down loan, personally I do not love these as they require  PMI which is an additional expense, and you also need  bring additional funds for closing at least for taxes, title, attorney and transfer fees . borrowing from anyone else for the down payment, to include a personal loan from the bank is not a good idea, those again will be higher int. rate.