There is a conventional loan program that allows for up to 80 ACV (after construction value) for rehab, guts/build outs, teardowns, etc. if you have a 641 mid FICO.

interest only can be a good way to keep your expenses down if you're doing a quick rehab, and then selling or refinancing a hard money loan with a conventional.

In many parts of the country, the inventory is rising and the market prices are beginning to fall.

Also by pursuing hard money what kind of percentage rate could I expect, would it be extremely high over the current rate of a conventional mortgage?

As I said, I use small local banks for my financing and their rates are competitive with any other conventional financing.

The topic I have chosen is “Energy used in residential properties can be greatly reduced by using conventional insulation rather than the use of renewable energy technology.”As a part of my research I have compiled a short questionnaire.

If you plan on keeping it, you can refinance with some type of conventional financing in that time period after the repairs are done.

There is a huge supply of inventory that will only increase as the foreclosures heat up.

With all that, I could practically just go to a conventional lender, which I won't because I hate dealing with big lenders.

Bottom line though, I think we will all feel it in one way or another.In my market new construction inventory has increased dramatically over the last 6 months.