Scott, I live in Mobile, Al. which is very close to Gulf Shores / Orange Beach.

Clair - May 8 and 9 (lake front properties, Pell City and Ashville)Baldwin - May 10 (Orange Beach, Gulf Shores, Foley, Fairhope.  

But at any given time, there are 50-250 temporary workers here from far away doing contract jobs. 

If that confuses you, here's some sample numbers:Purchase Price $200KRehab $50KPost-Rehab Value of Property $325K (per the appraisal)Lender will loan up to 65% of $325K, or $211.25KYou will have to come up with the difference needed (250K-211.25K = $38.75K).After you have the house rehabbed and have waited about 4-6 mths, you can request a refinance through a conventional 30-year lender.The hard money lender will want high fees and rates for this temporary loan, with a rate of perhaps 12% and an upfront fee of 4% of the total $211.25K they will be lending you.

Hi All,Jerry from the shores of Lake Erie.

Show up to the Exchangers meeting on Thursdays, Larry's meeting on Mondays, South Shore Real Estate Group on the 1st Thursdays, and Tampa REIA on the 2nd Thursdays.

Even if it means putting them in temporary housing it might be worth it. 

One question- is it possible, if you qualify, to have your interest payment permanently lowered AND then qualify for the temporary unemployed programs?

My mother works an office at an RV park 30 min east of Hoiston and it is booming because of all the temporary work that comes into the factories in that side of town.

You might want to shore up the lease to more in your favor but the tenant could care less.