Hi Stephan,This seems to be a very popular and effective way to fund rehab deals.

You can wholesale and use the funds from your deals towards your house hack down payment.

There are very few (only one that I know) that will delay an appraisal until after funding, but that has it's own criteria that is very atypical for the average borrower.Look at it this way, you want to ensure that the value of EACH property is where the margins make sense for both you and the lender.

In-fact, if you are buying residential (1-4 units) and willing to live in one while you reposition the property, you may be able to manage a down payment as low as 5% (SFH & duplex) or 10% (3 - 4 units) ... whether your new "business" will carry itself at 90 - 95% LTV will depend on where you live and how well you purchased.    

Maximize rental cash flow \ equity in 10yr-15yrs for college funds for our children2. 

Auction.con says they must have 100% of the funding available at time of purchase (if I remember right) how do I know what the exact amount if I am bidding against other people or is there a window after the auction ends?

Why not simply put he cash in a income fund and avoid the problems of dealing with repairs and tenant issues.

If we stopped making the payments, we would lose all funds that we expended in renovating and remodeling the property along with any equity that we added to the property.Second It is also in our best interest to fix up the property and either resell, or refinance as soon as possible.

Hey BP,I'm looking for funds to finish my rehab project and someone told me about Sprout Financial unsecured line credit?

My wife and I have excellent incomes, sizeable investments, and $30,000 saved up in our emergency fund.