., in the permanent financing) for about $80K.

I saw a credit card offer the other day that read that if you miss even one payment you are now, possibly permanently, in the 29.99% APR category.

So, we'll need a) bridge loan - hard money and/or rehab loan & b) permanent financing.

We are in the process of clarifying zoning restrictions with the county but for now it seems that tents/camping areas are allowed but more permanent structures restricted (we meet with the county this week).

Are you coming back to So-Cal permanently or just to visit?

Your state laws may impact what the condo association must cover and that may change what you find out above.Some other coverage you may need:- contents:  for the non-permanent appliances, and other property that you provide with the rental- Loss or Rents:  Make sure you have enough coverage for 12 mos. rental - Loss Assessment:  Covers assessments made by Assocation to the Unit owner but only for things that are normally covered under your policy (ie.

If your going to hold the deal as a rental of some kind after the rehab, then your going to need permanent financing of some kind?

Look at permanently affixed shudders for gaps along windows, or any other affixed item that has been on the home for many years that was installed square that may be out of square now.

The 10-12 percent interest is only for a very short period of time (3 months) - then after rehab you obtain permanent financing at a most lower rate after the property is stabilized

Living in it ~permanently?