Expenses) = $155,000ARV (After Repair Value): $230,00070% of ARV: $161,000NOTE 1: I called nearly 20 credit unions in my local area and found several that will refi up to 80% of ARV, with no seasoning period (which means you do not have to hold the property for a pre-determined period of time after it is rented and generating income). 

@Donna HutchinsonThe rent rates are predetermined by HUD every year and it’s published per zip code.  

You will have a predetermined amount of time to identify potential properties to roll your proceeds into and a predetermined amount of time to physically close on a property of equal or greater value.  

We sold to a family friend who was more than happy to put the property under contract 90 days before we completed the work and a predetermined price.

Some hard money lenders have you pay the contractor out of pocket, then reimburse you, other lenders, have a construction manager verify the work and then pay the contractor directly based on predetermined draws. 

The LLC will front the cost for any renovations on the home and then sell the home and split the profit (if any) with the previous homeowner within a pre-determined amount of time.

Wondering what type of rules there are around one lender paying another lender a predetermined bps referral fee upon close for referring a borrower that has been turned down from the bank?

Sure, all you are doing is allowing someone to rent your property and they pay you a fee up front for the right to buy it in the future at a predetermined price.

Does the profit have to be pre-determined?

You can also find someone who buys frequently and find them deals for a price that you predetermine.