Plus the mortgage company probably calls the loan, and if you can't pay it off then you can lose the property.

Why ask: Knowing what is included in the program to make sure you are getting all you are paying for is important.

Determine at what percentage of completion you'll pay for work done. i.e.

but keep in mind CA has higher taxes and reg fees and I’m not doing more than 1-2 flips (short timeframe flips)  a year and many years do 0 flipsDo most flippers put flips into LLC Or in personal name (sole proprietor)  in CA (where you must pay $800 yearly plus accounting and other fees $300to $600+ yearly to maintain LLC) Pros for personal name-save on taxes accounting.

If you have no money for down payment do you have teh $2000+ per month to pay the first (then still have to pay the 2nd?)

However, after talking to some loan professionals, it seems that there are always origination fees, appraisal fees etc.My question is, what fees should I expect to pay when opening up my first HELOC.  

@Juan PerezCongratulations on paying off your first home and transitioning it into an investment property!

We almost went with a loan that we have to pay all the cost upfront and then get reimbursed on the back end and that was just not something we were willing to do.

There are a lot of groups out there that basically want you to pay them to find the mentor deals, so he can take a slice of your deals. 

I am looking to get a job doing this, but I am not sure what commission percentage I should ask for or if there is a regular commissions plan out there that everyone pays lead generators.Thank you for any information you can give me.Allan Guerra