After seeing the power of financing and understanding how loans can help make real estate deals like this happen, I knew I wanted to be a part of it professionally.

Hey Everyone,I have a potential investor I've been working with that is planning to use investors edge for their loan.

My belief is that you will be challenged to realize a 10% savings loan n your first effort and there is some chance it will cost more than if you used a GC.  

I can only imagine that they got a bunch of big time investors and business loans to grow this out.

I financed the deal with a conventional loan and bought down the rate from 7.75 to 6.25.

If it is someone you know you can give them a straight return as if its a loan - can provide a lower interest rate to provide upside - it really depends on the lender and what are they concerned with and what is their risk profile. 

And could even get a second home loan if doing traditional financing.

Loan interest is deductible based on the use of the loan, not the asset securing the loan. 

Please, no solicitations.Use the renovation/acquisition loan products that require 10% down on the purchase and you should be able to get a few going at a time.

And you'll have a solid W-2 income to help you qualify for loans.