I bought a property using a 203k rehab loan and I was wondering about what will happen if you have reno money left over in your escrow account when you refinance your property?

I am interested in investing with a hard money lending firm, as in investing my own money to fund deals through them. 

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I wouldn't have to borrow the money. 

The thing is their model is PREDATORY upon ppl that desperately want an opportunity to earn more money.

You may drastically lower your living expenditures and increase your capacity to save for future investments by renting out some of your units while you live in others.Starting with a duplex or triplex is a sensible choice, given your aims and money.

Tenants save money when using a shared meter, so there's plenty of room for error when calculating how to distribute the charges.

An example of this would be mixing your personal money and LLC money in the same bank account.3.

If it is because your PM is supposed to be doing it and isn't, then you need to tell your PM to get to work because you are losing money and aren't happy.

If they are borrowing 75-85% (putting down 0-10% of their money,) it’s virtually unsecured debt as you would never collect a dime during a foreclosure.