Bought #1 in 2004 as a home that became a rental - traditional mortgage#2 in 2012 - traditional mortgage#3 in 2014 - traditional mortgage#4 in 2015 - traditional mortgageLooking to buy #5 in 2-3 months - this will be a combo of 401k loan for the down payment and traditional mortgageOur purchases have sped up as I learned more, got more comfortable and got more income coming in to support it all.

My biggest issue is understanding how a 100% financed deal on a buy and hold multi family investment where 25% of the capital is borrowed at 10% and 75% is borrowed through a traditional mortgage could grow into something bigger.With low but positive cash flow properties we would neither generate enough to pay back the principal on the private money in the short term, nor would our investors want a 30 year loan term. 

The answer is no, not traditionally.

You could refinance to a traditional loan and hold the property after the rehab or simply sell the property if you're working on a flip.

As for resale, the value is officially determined by traditional comps but clients that are looking for a VRBO property definitely look at the revenue history and expect to pay a premium for a well-performing property.

Even if there were an aftermarket product to convert traditionally vented (i.e., vertical) water heaters to direct vent, it's likely to void any warranty and create a potential liability.  

We will be keeping the porch ceiling blue to keep with the tradition and to maximize the character of this awesome downtown home.

I won't be buying and selling like a traditional agent so I was looking for one that might have a little less fees than a normal brokerage would.

If you are confident in your business, a good hard money lender can get you the capital you need when traditional money isn't available.

As for your closing costs if your using a traditional broker / lender then it is what it is - you can ask for a discount on the refi since they just did the primary.I would however be VERY concerned about ANYONE (on the traditional side) who said they will refi you after 3 months - frankly I find that to be 100% BS. 6 months min. and more then likely 12 months.