Virtually guarantee he ends up back in the criminal system - sex criminals (real sex criminals, not an 18 year old guy with his 17 year old girlfriend) are almost completely impossible to rehabilitate. 

I intend to use the LOC to pay for rehabilitation, down payment, and/or holding costs that will be necessary to buy, rehabilitate, and then immediately resell residential properties for profit in Colorado Springs, Colorado.

In the criteria, choose "Single Family and Multifamily Servicer-Originator" and "203(k) Rehabilitation Mortgage Insurance Program".

It seems like the city of Schenectady own all of the rehabilitation properties.

There are definitely people like @Jeff White out there who bought a quadplex and spent months and months (and thousands and thousands of dollars) rehabilitating it.

I also obtained funds from my parents retirement account for rehabilitating the property.

Note: Construction of homes for future sale with no sales contract in place (spec homes) is eligible under the Builder’s CAPLine program. (13 CFR120.391)"I decided to look into the law cited above, and it says:"Under section 7(a)(9) of the Act, SBA may make or guarantee loans to finance small general contractors to construct or rehabilitate residential or commercial property for resale.

LanceCriteria:My ask: I’m looking for a SFH opportunity within the greater Atlanta metro area that will cash flow at least $200 per month and provides a value-add opportunity either by raising rents or rehabilitation.

I am a 203k specialized contractor that advises in restoration and rehabilitation of single family homes in the Philadelphia area.

The law, passed in 1999 in an attempt to accelerate the rehabilitation of abandoned properties, empowers county treasurers to act as debt collectors.