But lenders may charge some additional fees, such as a supplemental origination fee, fees to cover the preparation of architectural documents and review of the rehabilitation plan, and a higher appraisal fee.

But don't think for a second that another investor or an agent - or a guru for that matter - knows everything.Now here's the good news.

Citibank did the same to me: decrease equity line, with no backing documents that the property actually decrease that much (which is not true).

I got all of my plans together and had a real estate attorney review my plan and documents for compliance and found out about the foreclosure laws passed in MD in 2005.

Start doing a few of those and you should gain an income which you can show to banks who will then be more willing to work with you, as long as you can document where that income came from (i.e. you didn't just borrow it from another bank to get this bank to loan you money).Thats all I really got :P Hope it helps!

I can't tell you how many newbie owners have hired us the day AFTER closing to manage their new property with NO documentation of these key items!

Nasty, nasty, nasty.The good news is that subfloor isn't too expensive and it's less work than "sand, treat, and seal."

You've convinced the homeowner to submit all sorts of documentation to their bank and gotten a bank to accept a SS.

I just slammed a tenant that moved in on one year old carpet that had one minor, documented stain when they moved in.

You can refi out into a conventional loan before 1 year is up but be sure to document everything that you do to add value and take lots of photos.