Other loans may be the opposite, with the money being disbursed after you have completed the task that the money is earmarked for.Many contractors would be completely fine waiting a couple days to get paid. 72 hours(48 for contractor review, 24 for funds availability) is essentially nothing in the contractor world.

@Charlie ClaxtonWhat was your typical down payment?

Flips typically require an entire overhaul that take longer and cost more money to do.

I always put a rehab into a 1st lien now as we typically have to foreclose, so you have to allocate for that also.

The option money put up front by the tenant/buyer will typically be very small compared to the down payment and the rehab costs you had invested.Happy Investing!

I guess partners can decide whatever they want between themselves, but is there a such thing as "typical" here?

Laying laminate flooring is a job that you could do yourself easily as it typically clicks together and you just lay it down.

obviously, me making all these phone calls and driving around looking at all these houses is putting me essentially in the shoes of a wholesaler so I may try and find a couple of other wholesalers out that way to try and maybe get a couple of their buyer's numbers and maybe if I find something that interests whoever then I'll get them in contact.

HILender's don't typically ask for a business plan.  

They typically need to get off the contract during their inspection period and offer no inspection period or very little to buyers.