(I can still see Mom out there in her long wool coat, those ridiculous zip-up rubber boots with the fake fur on them...and oh yes, the scarf tied on her head...shoveling as hard as any man every could!!)

To tie back to Josh's original post, the heads of FM & FM aren't one iota better than these other companies.

I was able to tie it up for 5 years before I had to pay anything.

Meaning we have way too much money tied up in it.

Also if it hasn’t been addressed, was the inspector a person of your choice,recommended by seller, or in any way affiliated or has ties with the seller?

As you draw-up your loan proposal, remember that lenders have many loan requests from which to choose, and some will be obviously stronger than others.

You could end up in a situation where the installers slam in your project without taking the time to do it the best way that it could be done.An independent contractor would not be tied to HD's products and could therefor provide you with a wider range of solutions and a wider range of pricing.Hope this helps.

But one thing is for sure, equity or tied up capital is key.

Yes, you can convince a commercial lender to lend as though these are "apartments" but without leases and monthly terms expect an approval to be tied to a lower LTV, Reserves, and so on.Tim

I am running through 2 BRRRs so most of my money is tied up which is why selling financing is key here.