Here’s what I put in the lease about it.BASEMENT: The basement of the home will be locked for the duration of the lease.

I have a HELOC with an equity lock option but it is for various durations.

These get repaid at the end of the exchange so they are very short term in duration.3.

Even if it’s only for the duration of the lease, it will give you some time to get used to stepping into the landlord shoes.

When your cash buyer is rehabbing a house it can last 3 to 6 months, there are costs to consider for the duration of the rehab, things like property taxes, utilities, insurance.

TOTAL CASH AT REQUIRED AT REFINANCEMonths to refinance: 6 monthsRehab duration: 3 monthstotal interest paid to hard money: ((11.99% x 92700)/12)* 6 = $926.3* 6= 5557.4closing cost: 2500Refinance loan(70% of arv): 84000Total cash invested= (Total amount needed at aquisition)+ (closing cost,refinance)+(total interest paid to hard money) + (difference  between hard money loan and bank loan)= 12500 + 2500+ 5557.4+ (92700-84000)= $29257.4; the calculator states I have to pay $23700.

we have a property under renovation in Delaware County in Pennsylvania.we hired a general contractor to fix home with contracted duration of 90 days to finish the project.

We do have properties that have achieved the infinite return over a longer duration (due to market appreciation).Congrats on a great purchases, being in a financial position to pull it off, and putting yourself in position to pull it off. 

As far as the access panel goes, well, you're rather unlikely to have any issue there over the duration of your ownership unless you live there for 10 or more years.

In my short experience, the typical HML I’ve seen generally loan at 25-30% LTV with a note duration of 1-3 years, with the main benefits being a typically fast close and not having to go through a traditional lender for a Fannie/Freddie loan.