This is true when working with buyers that are not you, and even if those buyers are going to use hard money to purchase the property (they are still buying the house like it was cash).

I know a lot of people say they are typically more expensive, which is true, but they can also be so much more flexible, as well. 

Anything outside of these rangers may be too good to be true or just a really bad deal depending on which side it falls.As for what to look for in a lender...

Zillow estimates areas could see 7% appreciation in one year, so if that holds true you can get your money back even after fees of selling, and I used 3.5% down FHA.

All of that makes sense and I felt like my "strategy" was probably too good to be true.  

That is has been a tried and true resource for many flippers over the past 20 years or so.

Thanks,Sarah If targeting true fix and flip properties (very bad condition) I would go after local banks and HML who offer some type of construction loan.

That company must look and act like a true company, with all expenses and bookkeeping kept separate from your personal finances.

If it is still active and true that IRS has 120 days to come for the 90k, I would then not want to start any rehab on the property during this time, as that is money I would not be reimbursed by the IRS.

Is there anyway I can see if this is true?