Obviously this isn't a "perfect" model for prediction because none exists.

Tom & Peter are providing the expertise. 

Get creative with your rental model, maybe? 

You should have some serious conviction around rents and model the refi at year 10, even though it’s a 25 year loan.

If you're planning to do a rent-by-room business model, you will find travelers on FF looking to rent a shared space, but just know that they tend to be on the lower end of the scale in terms of what they're willing to pay.

Ron its good to see you back on BP with your awesome expertise on these subjects.. 

@Chad Herringunless:(a) you have both substantially more capital than the amount you are looking to lend, and (b) you have expertise in real estatei would strongly recommend not doing thisprivate lending is an advanced strategy, not a beginning oneand what flipper needs just 25k??

@Chris Grenzig let’s get @Brandon Abbott to share his renovation expertise

I always get models with a 3/4 hp motor and a stainless steel grind chamber.  

perhaps moreso disappointed because the business model truly is brilliant.