A HELOC from equity in another property is likely your cheapest option to borrow the funds unless you have some cash value life insurance with favorable terms on borrowing from the cash value in the policy.In the HELOC you will have payments during the rehab but your total borrowing costs will be low relative to other options like hard money.Also you should consider hiring out the most time consuming work. $40K in 4 months may be better than $45K in 8 months.

Anyone who has ever worked one knows that it can be rewarding, but time consuming as well.

Do you have any other debts that are more toxic than a mortgage (i.e. credit cards, consumer loans, personal loans, car loans, student loans, etc.).

Or start analyzing deals as I know that will be a time consuming item that simply takes experience but I don't need to be actually ready to analyse them but then how do you get the info to analyse, I hate wasting peoples time asking for info when I know I'm not there yet. 

We will be discussing the creation of an online marketplace where you can screen and purchase home improvement projects just as easy as you buy books on amazon withwww.servicewhale.comSo if you need flooring (HVAC, windows, bathroom. etc.) replaced or refinished, you would measure it, input into the system, answer a few more questions and boom, and get instant quotes from multiple contractors that you can book right then and there.Any professional real estate investor, service or consumer doing any renovation work, even if their contractors are not on our platform, we will review the current offers of credits and/or rebates to investor/homeowner and it will cost zero on that project for contractor.• Benefits for homeowners/investorso time savingso money savingso convenience (Uber like service!)

In this case, it didn't.Probably one of the hardest parts of losing the consumer / employee mindset and acquiring an entrepreneurial mindset is learning to rather than avoid risk, embrace possibility in spite of risk.Great reward often only comes at great risk.

I have a business that has been spinning off very healthy profits yearly (about 51% net on 2mil) and that has helped me cover all the reserves required for carrying both mortgages.So.. 

@Riley GilsonTech has definitely influenced real estate more in the last few years, especially has the startup community has returned from the 90s tech bubble crash.Because the term real-estate is overtly focused on primary residence sales, there still is a great deal left to do on the commercial and investor side of the table.Technology markets tend to reflect the age of their consumers.

Course this is also a good thing because that second lien will come at a higher rate (which si why people bid it down).3) Many liens are for tiny amounts and considering you have to do diligence to make sure you are not buying crap it can be time consuming.

On the other hand, the pre-licensure course can be time consuming, agent responsibilities can be demanding (office hours, meetings, desk fee).