Granted, you will need to have enough capital for down payment, financing cost and carrying cost to pay for the holding period until exit.Beware some hard money will start charging you interest before releasing your draw

I wasn't drawing a distinction between them either since in my mind forgery is a subset of fraud. 

Just got off the phone with my lawyer and he is drawing up a hold harmless agreement for us.

I'm looking for one with interest-only payments during the draw period to potentially use for a strategy like BRRRR sometime in the near future.  

I would only buy a vacation rental that has a draw for people to want to come there.

@Carlos Silva I turned my 401k into a SDIRA, bought many rental properties, created a good rental income and will just draw part of that rental income when necessary.

If I am to draw parallels from that crisis, we may not see the markets bottom out until late 2021 - 2022.

The bank would then keep the loan in a escrow account and only allow draws for housing costs such as rent and utilities.  

I thought we were about 80% done with the job (based on his statements and the draw schedule), and we found out my roof was leaking (it's so old) and needed to be replaced. 

They tend to draw families that stay longer.