I've been noticing some celebrities that buy houses and then they list them for what might be break even or a loss even after paying real estate commissions/closing costs, property taxes ,maintenance over the time they owned it.. .and that's not even taking into account the massive amounts they likely spent on renovation.

As for the reserve amount, usually I do 3-4 months of costs (not income) plus any amounts for upcoming planned capital projects on the property (roof, deck, any replacement / repairs that you are planning).

LOLhttps://contentgrid.homedepot-static.com/hdus/en_U...https://www.lowes.com/projects/paint-stain-and-wal...

Would it be possible to create a business summary and present the plan for a business loan in order to fund the complete project?

I invested over $90k in two rehab projects with a partner.

Hey everyone,      Im brand new to the RE investing world and just wanted to say hey and I'm really looking forward to being apart of this massive community.

I like to think I run fairly conservative estimates (at least compared to the projections we use where I work).

The entire city (and surrounding areas) is in a massive growth period, fueled by big time investors from like Bill Gates, Jeff Vinik, ect.

Firstly, seems the lenders won't give out more than 10 loans, and reserve fund requirements are massive! 

For example, I work primarily on the capital markets side of the house, but have learned a lot about our borrowers, their projects, how special servicing works on foreclosed assets, etc.Hope this is helpful, and good luck!