For example my simple spruce up would be, renno bathroom, and kitchen, paint, and redo carpet upstairs.But if i think real deep into what I could do to make it a STUNNER then I think, knock down walls, create more open/broken floor plan, add central air, possibly do an addition to add a 3rd bedroom and second bath.So when you could do ANYTHING .. how do you draw the line of what you should do?

While the lack of income tax is a huge draw for many, I agree that property taxes can quickly eat into profits, especially for investors renting out properties.

The product is a first lien position, 30-year draw, home equity line of credit with a linked zero-balance sweep-checking account (terms vary slightly for homestead properties in Texas).

We learned about construction budgets & draws, hard money loans, and how to choose upcoming neighborhoods.

We usually draw it up in writing and share it with the seller and allow the seller to comment prior to sharing it with an attorney.

You have every right to draw the line at the cookie only. 

Partnering with well capitalized builders will help as well because they can maneuver through a job without solely being reliant on your draws.

@Deborah WodellThere was a guy who used to post on BP from Maryland who did private lending and was a fraud, changed company names many times and what he would do is write construction loans, fund the initial amount but didn’t have the money for the draws.

There are no available phone numbers or alternative contacts, leaving me stranded and without assistance.You can draw your own conclusions.

They also fund the rehab but I generally do not draw down since we move quickly and self-fund as well.