Short Term Project Long Term Project Lower Points Higher Points Higher Note Rate Lower Note Rate Here is an example for a standard fix and flip loan with a 12-month term.

The tenants reported a roof leak and it’s still raining.

If there was ever a guy who has absolutely no idea about rehabs and fixing houses its me but i had to deal with pesky squirrels and flashed my roof and started with small changes like painting kitchen cabinets to white and painting the hardware and man just that made a difference.I am debt free, no car payment and analyzing deals everyday.

They said bad original plumbing and roof leaking combo with all the rain we had.

Did you ever find someone to help you with this project? 

This is not a "DIY project."

Try to find someone that will let you provide some sweat equity into one or more of their projects while you learn the ropes. 

The Village where the building is has now sought a demolition order for the building due to; smoke alarms, improper boiler venting, leaking gas lines to stoves, and leaking roofs over the front and rear entrances.

The downside is that the nature of project competition means you can get lower quality work and find a disconnect with those you work with since they are looking for more short-term work. 

You do all the work and project manage.