Why not run it back?

I shook my head the entire call until it concluded.My experience was just bad.

I don't need hard money because I have a lot of cash.Purchase: $190kDownpayment: $40kClosing/Realtor: $10kLoan Amount: $150kRenovation: $15kARV: $250kRefinance: $5k Final Loan Amount: $190KCash Back: $40KCash Spent (Down & Renovation): $55KCost to buy (Closing/Realtor): $15K---------------------------------------------------------------------------------------Total Monies Spent: $30KLoan Amount: $190KMortgage: $1.8KRent: $2KThose are rough numbers going through my head.

With seller's permission: Unscrew the shower head and put it on shower floor.

I'm more just tossing the idea around in my head should things get worse in years to come.

I am over my head.

I charge a good bit for my properties, that screens them.Do hotels run background checks on guests?

But I feel like I don't know what I don't know when it comes to running numbers in the midwest. 

I am eager to start but can't get around the glaring issue of not having initial capital so I was wondering if there are any methods you guys would use to raise capital if you were in my shoes or is it just time to put my head down and put in long hours? 

Every one of the owners he is under contract with will tell you to run from this builder (law suits in the works).