You must document the use of the money to prevent a claim that you made a consumer-purpose loan.

It's a good idea to look for lenders that specialize in more flexible terms, such as portfolio lenders or private money lenders.

I spent about $12k in repairs and upgrades to make it rentable.

I'm a little torn get a gutted house that makes no income or find another 50K house with an occupied tenant to get more income?

It seems like we could get a down payment for a new, cheaper property and some passive income while also saving the buyer money. 

At the beginning we plan to have in house agents review any important decisions our AI makes until the variables are tweaked enough that it can be left on its own. 

I want to make sure I’m keeping up with appropriate record keeping but with only one property, I’m not sure how to format a cash journal?

I am confident in handling the construction as I have experienceWhat really matters to me is that are there margins in this market to make money from scratch up?

You have closed on your hard money loan and now it is time to get your rehab going......I created a list to save you some time:  Please use the following building permit checklist if you are planning a rehab in City of Atlanta.1.

They are great, make a ton of heat, look nice in the fireplace and all, but you gotta have the wood.