I’d be able to acquire fix and flip loans from the money I used to rehab previous properties from the fix and flip loan reimbursements. 

I had a client who employs entertainers and also reimburse them for costumes and props that I do 1099's for.

For example, water may be in the street but there are huge connection fees due because a builder constructed the line to a project "beyond" yours and is slated to be reimbursed costs for those that tap onto the line.

All told, expect to need 25-30% of the loan amount to close the loan.  15-20% toward downpayment, 5-10% toward closing costs.  5% toward interest reserves, as you'll have to begin the rehab yourself, and will be reimbursed as you complete it.  

But I did offer a solution she didn't want, so I no longer felt obligated to reimburse her for any lost food.Long story short, the electrical issue...which started as a small part my electrician's fault, but blossomed into a big and totally unnecessary problem with the energy company...ended up being a hassle for everyone. 

In the unforeseen circumstance I'm unable to close, I would just reimburse the application fee. 

I filed and send the reimbursement form through registered mail… they have 30 business days to refund me .

Once you wholesale it and get reimbursed from your buyer, you're only out the 3% ($30) for whole process, which should only be a very small offset from your potential profit.Hope that helps.

Green to do your project LOL Frankly it's best for them to buy their own material, and then you reimburse them after you see the receipt.

The only out-of-pocket up-front cost should be the cost of an appraisal, and bank account #'s and routing numbers would be required to set up auto-drafting of your payments or draw reimbursements.