Most cases with Hard money it is temporary financing with minimal standard guidelines.

Just check local guidelines as to what makes it a legal bedroom (typically a heat source, window you can escape out of, and a closet).  

Hello to all, I am Looking to start my first and many more to come flips,  I have a good team for tear down and remodeling, but I need guidelines on where to find deals and structure them correctly plug in numbers, etc any help will be very appreciated thank you in advance BP Community!

FHA and conventional may have different guidelines for a % of square foot, but I would guide you away from a larger bank lender and more to a real estate lender. 

If it is due to the company either pulling out of the market or changing their guidelines that is best because it is not anything specific to your property. 

Many lenders hare restrictions or guide lines on how long you have to keep the house in order to flip the house, while others have guidelines on how small a mortgage they will consider.

Hi Jaylin, There are many investor loan products with flexible underwriting guidelines available for buyers. 

If your properties are located in city with SB 721 enforcement mechanisms in place, I would contact the city for inspection guidelines and then find an inspector and contractor who understand those guidelines.At the risk of sounding undiplomatic, I have zero desire to pay someone $4K to drill holes in my balconies.

Most new home communities do not allow rentals and have pretty strict guidelines for this now in DFW. 

There's no clear guideline for a refund.