Back in 2001 I still lend to SFR fix n flippers.

I knew the basics but had some questions about some of the risks.In my area you can buy Leftovers that didn't sell n the main auction (sometimes called over the counter) I bought two and was able to foreclose on both and they were home runs.

Our team at H&K does variety of multifamily new constructions and acquisitions here in the Greater Portland area; specifically N, NE, and SE Portland areas.

If you have $0 then business credit card stacking may be the only way but if you have 10k saved up then you may be able to get with a lender that does 100% fix n flip loans and get into a property with no money down just closing costs and reserves for interest only payments during the rehab. 

There is about a 1/2 level difference on the transition  @Brad Hicks @Victor N.

@Shadonna N. yes I could do a refi, but my interest rate is so good, I don't really want to refi out of the loan.  3.5%@Henry Bronez I bought a new construction condo.  

For the local fix-n-flip I think I'd like to finance using a bridge loan.I'd appreciate some advice on managing an OOS rehab.I would think financing an OOS rehab with a traditional mortgage would be difficult, especially if the property is in disrepair / not suitable for traditional mortgage, likely the "best" deal with the largest upside.

My question is , I’ll put it in an example to make it understandable Example - 3250  N front st , commercial property . 

@Victor N. - these are great points, thank you for writing. i guess i was under wrong assumptions that there'd be some safety issue if i'm replacing the roof with tenants occupied. given its black friday i think i got a little too excited about replacing appliances but good points, if it ain't broke why replace it.. thank you for your advice! 

Originally posted by @Victor N.