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We just put new floor into the kitchen and bathrooms, new vanity sets and cabinets, also the kitchen appliences are 6 months old...i just wonder if prices could decline because it is an absolute hot sellers market right now...

Talk with a lender during pre-approval on their cash out products and criteria. 

If not, you'll pay over time with a loan product that verifies income with bank statements or something similar that carries a higher interest rate.Best of luckStephanie 

You would be purchasing a completed property that is being designed as an investment product. 

@Mark Berge - If you have 4 or less financed properties, then you are eligible for Freddie Mac's choicerenovation product.

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But profits sure didn’t, as the typical home flip around the country netted the smallest return on investment in a decade,” said Todd Teta, chief product officer at Attom.

Jordan E Smith, as frightening as variable rates may seem on the surface there is much to consider when looking at the product.