also, if the phases are very large, you'll have an even tougher time finding financing.best of luck to you.

It's tough you've just got to be tougher.

*points to corner* It's probably tougher on us "older folks" to see poor (pour?

Most hard money lenders want to be on the initial purchase rather than the take out loan.Even tougher is doing loans under $50,000.

This is not the first fixer upper I've financed with this company but apparently they are getting tougher.

But then like I said, maybe tougher to look in so. cal but per some other posters, if look still might be possible, just do your due diligence.

Sure, its the June 19, 2008 Realty Times, "Holding Property in an LLC Just Got Tougher" by Diane Kennedy"Freddie Mac, one of the two largest underwriters of conforming loans on the secondary market, have changed their internal rules to state that they will no longer refinance a property that has been inside of a Limited Liability Company (LLC) for any time within the past 6 months."

In many areas rent $$s are increasing as the demand increases with more bad credit, tougher lending guidelines and buyers with good credit afraid to buy.

With the tougher lending guidelines and downpayment requirements you could sell your home several times, but never close due to unqualified buyers.It is temping to try to go it alone because you want to try to save the money, but in this market you will probably find you didn't save anything and may eventually will list it with an agent or rent it out if it has sold from your efforts.

Getting the spending in control is the tougher task.