Don't pay any extra. 2.

And are they production builders that to provide the product at the cost they do use basically the least expensive materials possible and beat the crap out the subs pricing.so there is a fine line there you cant pay low price and expect supreme product..

ground up multifamily and single family in the urban core of columbus is what we are in, land entitlement and development in columbus. 

This could invalidate your LLC and allow it to be pierced in a lawsuit.Also possibly paying yourself from the LLC so you can pay the mortggage could argueably make the payment non deductible. 

And then sell your current primary - take that money tax free to pay for college. 

We will lend at X% and whether you make $ or not, not our problem (well it is if you do not pay us back but that is where the PG comes into play).

I have been using them for 2 years and have not had any hiccups yet (fingers-crossed that continues).....with all that said, a good rule of thumb as a responsible owner is that you still need to pay attention to your balance sheet because human nature occurs and some things can fall through the cracks.

I suppose it's a matter of weighing options - looking at the potential increased cost of fixing/replacing a damaged roof at ACV verses paying a higher premium for an insurance policy that pays out replacement cost, and see which one makes more sense.

If the properties are split into more than one LLC, then each LLC will need its own accounts.Checking: collect all income here, then use it to pay bills.

This is not a fee that any Lender charges on Fix and Flip, DSCR, or Ground up Construction.