Never believe the original timeline the contractor gives you!

I was originally told I would have tenants in place before closing and I missed my commercial loan was partially based on this. 

Originally posted by @Henry Li:@Brent Olsen@Bob MaleckiI just invested 10k the minimum to test it  out.

OP to your original question.Take LA and SF out of California. 

The note investor who thought interest is paid on the original principal rather than the unpaid principal balance.  

However, you will have PMI for life of loan most likely and there are usually higher premiums to originate FHA loan.

Starting a hard money lending company makes sense to me since I have hundreds of contacts in this business that I've built relationships for years, as well as it aligns with my origination background. 

Hi @Sumit B.To start off, Cape Coral does have a 7 day rental minimum, however, this is an ordinance that pre-dates the STR industry and was originally targeting transient housing. 

Originally when they were known as FlipOS, they would split up the interest payments,so I would pay the remaining amount for the month the house was purchased and then the remaining balance on the sale of the home to them.  

Since it came directly above your apartment, I can assume the leak originated from your unit unless substantial evidence proves otherwise.