Most the time that's a death sentence for a bill.

I would make it a sentence or two I would also specifically get rid of these:  Applicant must exhibit a responsible financial life.

Recent NewsMoe Mathews Sentenced

I don't know anything about the New Jersey markets but "cash flow" and Bergen County, New Jersey (or Los Angeles, San Francisco, New York City, etc.) probably don't go in the same sentence very often.

The way that sentence should have read is like this: “They end up paying their mortgage for 3 months before selling the home, which amounts to $3,399 (8 percent of $170,000 = $1,133 x 3 months).”If you notice, this revised interest would then match up to the screenshot you included from the hard money loan calculator.

Yep...stoped mid sentence it appears.  

Btw, these last two sentences should show you a weakness of Class C and a strength of Class B as it pertains to exit strategy.

With that being said, depending on the market and scope of work, a lender may be willing to stretch the parameters for you but they will want to see the team you have in place as well as some ability to debt service the loan.Now to your first sentence in your question, most hard money lenders will not extend you a loan if you are going to be living in the property. 

I would probably agree with your last sentence in the previous post but I do not have any of those three things forcing my sale.

I guess the one thing you could say to that last sentence is . . . duh!