This program utilizes an interest only (interest is capitalized into the mortgage) construction loan that automatically converts to a 40-Year Permanent fixed rate mortgage upon completion of construction.90% Loan-to-Value40 Year amortization40 Year Term (no balloon)No maximum loan amountLow, fixed interest rate, based on market spreads over the Ten Year Treasury yield.

Everything from apartments for people fresh out of school and doing menial jobs to luxury homes for senior management.A few months ago the Government here granted a licenses to two casino developers ($1.5B capital outlay projected for each hotel).

All investments have some kind of capital requirement and investors should have the expectation of making money from that capital.

Now if you have a bunch of capital to work with and don't mind playing the waiting game then it might be a good idea.

Could it be that when you flip it is for quick profit and you would do a 1031 vs rehabbing which you would live in it and hold on to a home at lease 2 yrs for capital gains?

"Whether you are selling Pampers, credit cards, or building homes, this market will become the economic engine of our country," according to Chiqui Cartagena, a leading U.S. expert on the Hispanic market.Realtors can capitalize on the red-hot potential of this market segment by working with residential mortgage lenders who understand the cultural nuances and economic differences that make home buying more difficult for Hispanics.

Regardless of what approach/configuration you take, both would leave you without any reserves or operating capital.

I have heard from several people that's the way to start by building capital off buying homes for cheap, doing little or nothing to them, and selling them for more...So how do you find these homes?

I really don't have much capital to invest as of now, so I've been looking into a number of no money down techniques.

It is possible to handle multiple deals simultaneously,but usually you need hard money to do it.Hard money works because the lender looks just atthat property, and not at the fact that you have5 others in progress at the same time.If you find yourself turning down deals, or doingquick flips because you don't have working capital,working closely with a hard money lender can bethe solution...or not, it depends.Sorry to sound like a commercial.