Projects will take 5-7.5 months to complete.I assume a conservative net profit at closing between 13% and 15%.

You might also see smaller fees at close for legal, title, appraisal, etc.

99% of the time it is paid off at the closing table of the sale of the property (post rehab) or at the refinance (after you have a renter). 

@Barry Randall, try joining a meet up regarding real estate in Madrid or meeting other people here on the forum close to you.

I also plan to flip and sale once I get thd ball Rollin.

If you wanted to sell it in 3 years, then the majority of your gain would go to paying the closing costs for the sale, so maybe you are $10,000 - $15,000 ahead.  

Median price: $635,000, +7.99% Yoy.Closed Sales: 2,842, +9.14% Yoy.12 Month Closed Sales: 37,709, -16.26% Yoy.YTD Closed Sales: 9,389, +2.08% Yoy.Inventory: 4,429, +.093% Yoy.YTD Inventory: 15,402, -12.37% Yoy.New Listings: 4,960, +17.67% Yoy!!!!

It's free, and there's no sales pitches, just investors talking story. 

What Account Closed said.

I imagine I would be close to 75% LTV after light repairs.