Much to my chagrin, I am unable to access the BP forums on my iOS app.

sure find them online and funnel them into your website" #IO@!

Anyone else using the app on IOS 7 and having problem with it crashing?

For the folks out there that need it (rehabbers/flippers/investors), have picked up 3 new private lenders since original posting, now going down to $25k for as little as 10% interest, monthly I/O payments, terms as short as 3 mos, or up to 5 years, w/30 year ams.

First CommonwealthFirst Midwest, up to 90% Chicago areaFirst Republic - CaliforniaGreat Lakes Credit Union Veritex , Texas HELOCHSBC 70%, for premier clients only Huntington 75% LTV 5 yr IO product available Hurst Lending and Insurance Investment property HELOC in Texas.

Let me know Purchase price - $160,000Construction cost per home - $175,000 (about $100/SF is the goal)Total cost (land + construction) - $510,000Sell price per home - $344,000Profit after soft costs, contractor fee, demo, site work, commissions, etc – 50k per house for a total of 100k profitFinancing with a 10% down 18 month IO construction loanPro forma 

I'll send you a PM and we can talk more about that. 80% Loan to COST, 5.25% IO year 1, converts to 5% Year 2-5. 70/30 split, no pref.

Assuming 140k is a good deal why not try for 5.5% IO.

RentTracker.com offers free apps on iOS and Android and a cloud based version.

Am i understanding IO loans right?