Quote from @Account Closed: I bought a property in a borough near Pittsburgh.

Hard money loans can facilitate faster closing times compared to traditional financing, allowing you to secure and renovate properties quickly.

They basically state: "BUYER is responsible for making sure their broker gets paid X amount at closing.

. $14k) and get a DSCR for 80% to close?

I'm getting close to my savings mark for getting started so I'm looking to get involved, learn, and make connections.

Purchase price: $82,000 Cash invested: $8,000 Sale price: $163,500 Remodeled my first flip TWICE before selling...double the experience and lessons learned!

I found a lender that said they would do a HELOC, but they are using an automated system to value the property and they are coming up with a value of $186k, using the old information and previous sales price.

Pic 1 is the interest rate paying 10 percent down and the lender giving us 6 percent in closing cost coverage.

Purchase price: $735,000 Cash invested: $1,060,000 Sale price: $2,825,000 New Construction project in Sherman Oaks.

A data set of 10 will be far more effected than a data set of 1000 of a couple low sale prices.