., with min loan amt of 50K at 12% for a renovation (Fix/Flip) package...then following the BRRR (not sure how long their seasoning period is...but I'll ask) we can do a refi at their 6.1 conventional rate.Conventional loan: McGloan, 30 yr fixed rate, 4.8% (not bad)Im concerned with interest rates going up that perhaps we should lock in that low 4.8% rate (conventional loan), and pay out of pocket for the renovations ourselves?

If the income from the property would cover the seller finance note and still leave you some cash flow you could take out a personal loan for like 20k, give him 10% down and hold the rest for reserves.

I will likely just adjust the offer to cover the $ amount the seller would receive in rent.There are two factors that concern me in the potential difficulty in getting the tenants to vacate the property, 1 is they are paying very cheap rent for the stats of the home and 2 the grow room obviously was constructed with considerable effort which I anticipate may influence them to dig their heels in and potentially squat illegally. 

My situation is this...I have a house under contract that nets me about 25k and leaves the investor plenty of room at around 46k net after a 30k rehab. 

Agree though, compnaies getting things off their books is more concerning than price (in a way)  nice deal and like you said, it was because of your ability to act quickly.  

For example, your tenant's payment of $500 would be applied to the $50 late fee charge first, then $450 towards rent, leaving $50 in unpaid rent.The problem is that you never know if the court is going to back you because it's really a peanut-shuffling game.In your case, I would send the tenant a written notice reminding them of the policy and the outstanding balance.

The arborist knew the tree was not healthy but a layman wouldn't have because the leaves were still green.

It allows for the gc to get 50% up front....appealing to the gc but I'd be concerned about a gc I didn't know getting that much up front....I'd rather smaller amounts as they go along. 

Thank you for your reply and your concern over the idea @Kerry Baird.

In 2014, she bought the 650-square-foot space on East 12th Street for $749,000, and planned to continue living with her parents on East 11th Street during the renovation.Four contractors estimated the work would cost around $120,000 and tried to steer her toward a more traditional look, raising concerns that creativity could cost her buyers