Talking to an appraiser early is a smart move—they can guide you on what improvements will add the most value.Don’t forget to fix any deferred maintenance and highlight unique features like tall ceilings or original hardwood floors.Let us know how it goes, and feel free to ask more questions—we’re here to help!

I'd prefer 30 year fixed rate debt at 7% over this arrangement unless there is something that I am missing.

Plus there should be amount over which they don’t do the easier without first showing you the quote from the vendor, describing what’s wrong and what needs to be done to fix it.

I took the next 5 months to tackle everything myself spending approximately 17k in supplies and tools + paying a plumber and roofer 4k total to fix those issues.

The loan is a construction loan (interest only on the drawn amount) that converts to 30 fixed (3.375%) upon CO.

(or paint, or resurface the parking lot, or replace the boiler, or fix the foundations).You can potentially get approved for a loan out of college without work history. 

Certain cap items is fixed or pretty close to fixed whether you are buying a $60K house vs. a $500K house in the same market. 

Always make sure the loan-to-value ratio (LTV) aligns with your risk tolerance (usually 60-70% for fix-and-flip loans).Once you're prepared with contracts and a local network, you can start talking to borrowers and agents to find opportunities.

The fix/flip might be a good way to get such a relationship started: usually has lower cash out of pocket requirements and you can sell the property faster to recoup the capital invested, plus any profits.

We offer a ton of different fix-and-flip programs including putting 10% down on the purchase price and funding 100% of the rehab.