The market here is obviously tough (and we'd like to invest here or nearby for several reasons), but we have heard about second home loans that have more favorable down payment and interest options which could increase our buying power and allow us to cast a wider net during our property search.Understably this type of product would have to pass the sniff test.

Luckily bank agreed to make repairs needed to pass four point.I had to get a renovation loan insurance policy where I paid for a year up front in escrow and they would pull $400 a month till renovations were completed and then I could find a new insurance policy and the remaining escrow would be transferred to the new policy.Paid $540 for an appraisal.

Has any one used Lending One for a rental loan?  

My advice is to limit your use of credit cards to front costs that are reimbursable with a bank draw in a loan that you have originated.

They were finally getting somewhere with having him declared incompetent when he suddenly died.

I've been searching online for trying to find a loan servicing company that provides the services in Florida.

Last thing you want is to not be able to get the renter out especially if you are on a hard money loan.

Partner with a builder and split the final sales price based on value difference before and after the buildingLower the price enough to not lose the property when the balloon comes due?

But the potential upside of the more expensive building is massive, plus you get a higher overall ROI when you factor in all 4 wealth generators (cash flow, loan paydown, appreciation, depreciation).

Currently, we are at 12.75% interest with 3 - 5 points on the loan origination end; we haven’t been able to locate any existing mortgage notes we can buy of similar quality with ROI even equal to that.