This is the second flip where we have realized during multiple weeks the contractor had not completed any work, and we have already put a clause in the work contract that if the work is not completed by a certain day, there is a daily financial penalty (200$ a day).

I recommend it to everyone as we are a true testimonial that it can change your financial future.

I'm new to BP and this financial Journey.

They had been in a good tier for their mortgage at the beginning of the process, and were in B paper, with a high interest rate.Prepare your financial situation so that you have some extra money set aside for emergencies.  

Since then I decided to bring on a partner (who's happens to be a realtor) to share in the work load, expenses and profits(50/50) and also hopefully use his financials combined with mine to procure another construction loan.

So now that I've started to run the numbers on Germantown, it's much easier to have a property appease my financial model and the 70% rule.

To preface this, my experience is with underwriting HELOC's and I'm not offering any financial advice. 

Looking for a referral for a commercIal financial lender in central Ohio.

I'm an earl-30's family guy, financially stable and fully employed as an engineer here in town.

I am a licensed financial planner in the San Francisco area with 16 years experience.