I opened an account with Lowe’s and they mentioned something about anything over $1500.

., with min loan amt of 50K at 12% for a renovation (Fix/Flip) package...then following the BRRR (not sure how long their seasoning period is...but I'll ask) we can do a refi at their 6.1 conventional rate.Conventional loan: McGloan, 30 yr fixed rate, 4.8% (not bad)Im concerned with interest rates going up that perhaps we should lock in that low 4.8% rate (conventional loan), and pay out of pocket for the renovations ourselves?

I am analyzing a low-income rental(s) deal I stumbled upon yesterday. 

If you're a veteran, you're eligible for VA loans that have a really low downpayment requirement.

I was thinking about 10%-15%, but in some instances that seems so low in my mind.  

At $5K that is probably going to be a 2nd position note or a first position note on either a very low end home in the hood or way out in the middle of pudunk.

How about low balling offers of REOs?

We just experience highs and lows of finding good properties.

Buying out of state could be a very simple, easy & low risk strategy.

But remember on assets that low every $200 is a percentage point on your return and if it slides by a few months from your forecast your returns again drop.