Cost of capital is high right now. 

Any advice or tips would be appreciated.

This statute section covers items on PMc's, and as detail here, an exclusionary clause to the statute which via that exclusionary clause it there in becomes an empowerment for the referenced actions being exempt from the prevailing statutes for that item.

In other words, not resold to the government so the bank had more flexibility on the condition.I look at the original commitment letter and it states "xxx amount will be advanced at closing for the purchase of an investment property, and the remaining balance of the loan to be placed into an escrow account to be disbursed as improvements are made".No points, and only one closing, so I don't have to deal with a short term HML that I have to refinance in under a year.Hope that helps!

So I have stopped at this time.

Hello! My name is Renata Johnson and I'm returning to BiggerPockets to learn all about BRRRR method, along with other forms of Real Estate. I'm currently in a rent to own house we are moving out of and will be renovat...

Welcome aboard @Mike Weigel Glad to have you here.

Your eyes never stop looking.

I have had inspectors look at rooms on renovations that were not permitted (we weren't even doing work in the rooms) and asked that certain changes to be made to bring the room up to code (it was minimal).

I'm looking to lessen the load of work and concentrate on my exit strategy sometime within the next 10 years if not sooner.