Some want to learn the hard way I guess. 

What is the best way to gain capitol for my first rental property using a fix & flip hard money loan then refinance

The 30yr am is accurate, hard to beat right?

We would like to put the property in an LLC but are having a hard time getting a lender who would vest the LLC.

@Jon Klaus  Jon as we know this is all regional I am always amazed at how cost effective your builds are in Texas I have a 2.2 mil spec going in Charleston 2600 sq ftt and that's going to come out at 300 a foot. not including the lot of course.. which was 570k. in this instance no pilings but we did elevator 20k .. what does it in the historic district of Charleston is all the custom items you have to buy siding roof windows architecture 60k in hard scape landsape on a 4k sq ft lot.. that type of thing. when we are out of the BAR heavy duty areas we are building at 100 a foot or so.. 

It's hard to be super helpful without spending an hour on reviewing/verifying your numbers, but if the summary at the top of the report is accurate, a 14% return makes sense to me.

The issue I have been running into is everything on the market is being pursued so aggressively that everything I have looked at getting and is a decent deal, ends up getting bid up past what they are even asking to the point there is hardly any margin to work with.

It’s hard to gauge exactly if that’s fair or not but it’s probably high.

We will refi and pay off you and our Hard Money Lender after we have stabilized the property.

I am here to learn and work as hard as I can in order to reach my goal of generating wealth that can be passed down to my daughter.Thank you all for your time and I look forward to connecting with you.