Then let them guide you, play devil's advocate and act as the borrower, and cover your blind spots.

(that is, assuming you've hired an agent with experience, market knowledge, and the wisdom to be able to guide you to what you're looking for). 

We arranged closing during a slower period of time & had him leave everything (furniture, inventory, guides, etc.) literally bought it & could start taking booking the same day.

@Heather Bailey Wow thank you so much for spending your time to help guide me!

We do it up the hill Reno and with a good agent they can give you all the options and guide you through the process.

Most are going to want to lend on the rehab as it ensures the rehab to be completed,There are numerous ways to pencil it out in your favor though.It benefits to work with an experienced broker who can guide you through the process and put you into the best possible product and solution out there for you.

Start with BiggerPockets Ultimate Beginners Guide (free).

The calculator estimates that operating expenses are equal to 50% of the monthly income.  50% is a rough guide. 

Consider teaming up with a mentor or a partner who has the experience and is willing to guide you.

Start with BiggerPockets Ultimate Beginners Guide (free).