Options - collect full payment for the 3 months up front and lower the deposit to secure against damages only, require insurance.

It’s a short-term option, typically 12 months, that can provide the flexibility and funding needed for a $150K renovation.Here's why it could be a great fit:-No prepayment penalties — so you can sell or refinance without penalties.

Thank you,Jerry Jerry, I recommend getting in touch with an experienced broker who can educate you on all the possible options in the investment space for cash-out refinances.

Im 17 and I need to retire my dad hes 53 and works all day everyday im looking into real estate and I was thinking about wholesailing but im not sure what would be the most productive and best option for making money.

As far as I understand, as I am living in it, I was able to get cheaper down payment options.

However, an easier option would be to use a bridge loan to help with acquisition and rehab financing if the property needs some work.

RentRedi has options of "Accept", "Reject", and "Request Update (more information)".

Quote from @Logan Barwick: I Am looking at getting involved in rental properties and debating on which option would be best.

This creates a negative initial position.

so, to recap, you need cash for: down payment + closing costs + holding costs.for a new investor, a live in flip might be a lower risk option than an outright flip.