I do know HMLs that lend to new investors right now, but you still need to have capital even at 100% financing to handle closing costs, fees, draws etc.

and the economy is incredibly diverse with so many individuals drawing tech money telecommuting from all over the world, that it's hard to imagine it being anything other than Mecca for those that love the outdoors. 

@Ryan Guffey It did then covid happened and I was furloughed ,so now I’m a FT investor.Remember in your budget that although HML will pay 100% of the rehab,they don’t give you that money,you pay the contractors then you get reimbursed.You also pay an inspection fee and some charge a draw fee.I try to split my projects into no more than 4 draws to keep these costs down,but I may be floating 6-10k out of pocket for a week or so.Best of luck.

Plus, once you pay it back the HELOC can be used over and over for subsequent deals.

After the first one signed on he subsequently sold a couple of hundred properties from various attorneys. 2.

And my agent and a subsequent property inspection verified that all the work was completed.

Preferably one that deals with investors to review documents, draw up contracts, and other REI task.

The only downside is there is an early payoff penalty in the first 12 months of 4%, but there is plenty or equity to draw on in a BRRR strategy to cover that or just wait until next spring and refinance at that time.

The only downside is there is an early payoff penalty in the first 12 months of 4%, but there is plenty or equity to draw on in a BRRR strategy to cover that or just wait until next spring and refinance at that time.

I was told by an attorney he would have to draw me a new contract for every new property I bring to him ?