You have too much to lose here.Lastly, make sure the policy guarantees the insurance company will notify you of a cancellation within 30 days, at most.

Paying that off is a guaranteed 20%+ return.

Joining Flipsystem does not guarantee you will be a successful real estate investor if you just think they are going to hand you everything and you do little work.

At the same time in most cases you would be right and it goes in cycles but there is no guarantee either way.

Also, are you giving a personal guarantee?

Nota bene: all figures are intended to be accurate, but are not guaranteed or warrantied.

It's no guarantee but it's a good place to start.

.- If you keep it to 4 stories or less, is that always a guarantee you do not need structural steel on the bottom floor?

When buying real estate in an IRA you are not allowed to provide personal guarantee therefore the loan must be non-recourse.

Rare anyone redeems 100K house, but I can almost guarantee if you rehab it before the two years is up, someone will show up, redeem and you just remodeled their home for FREE.As far as hard money loans go typically around Houston you'll pay 2% origination fee and probably 12-14% interest for six months.