Divide the cost of a cup of coffee into 9k ( one coin) and that equals the bitcoin percentage cost for a cup.

It provides more clarity for me as this is new and uncharted territory - especially how the repairs/draws take place seeing that this was a vacant fixer-upper and the lender in 1st lien has a rehab loan.

We took the down payment and divided that by 100 to get what a % of the home would have cost against the down payment.

I find if I do the "heavy lifting" like drawing out a system and or the floor plan of the cabin, you can find a guy to do the "official" work fast and for a cheaper price than if you sit back and do nothing.

“Note investors who think learning from people who scam others out of millions is a good idea and a way to have a good reputation in the space.”I think we have to divide the above into two distinct groups.  

You'll quickly see why AI is not the solution here... not only will it give you a random number from a site that posted it, but it will hallucinate and draw quirky assumptions into the mix like oh based on this % appreciation and applying it forward/backward, etc.

.• Understanding the rehab budget draw process: After you close on a rehab loan, your rehab budget is not handed to you at closing.

@Danny RandolphYeah, I’m currently in the construction field and we usually get a 20-40% deposit, then get draws after certain stages/inspections have been passed

And I feel your pain.On my FLA builds my GC was very well known to me and trusted if I did not have him I would have been were you are at stalled.. but for me I just paid cash for the lots and gave no deposit to the GC ( again long standing relationship) so when he finally was ready we just funded draws on completed work .

They did not do construction draws you needed your own cash for that.