I'm looking at buying a rehab project, but unfortunately due to the amount of homes on my credit file (and proximity of rehab project to his existing homes), I wouldn't qualify for another loan (not a 100%)From what I've read, most hard money folks top out at 70-75%.Scenario...380K Loan amount35K in rehabARV is 510-520K(*Not sure how to factor in hard money points and holding costs (3 mos mortgage), but I figure approx walking away with 30-40K.(70% of 520K is 364K)Again, I'm trying to do this at 100% LTV.

Look for suppliers that will work with you on a net 30 basis and report your payment history to the credit reporting agency for your business credit to build up a file.

Can you email these pdf files to me at [EMAIL REMOVED]

Conforming is if the note is to be resold on the secondary mortgage market the secondary market will require it to "conform" to certain standards.

And let’s say that returns 8% (the standard that I see everyone use).

Really it would only take me about 3- 4 smart rehabs a year to maintain my standard of living, if I never did anything else.

if you do this without at LEAST filing for a DBA in your local county - you could get yourself into trouble.

This, I believe, is the "gold standard".

Is the same IRS Form filed out in the first year with partial information and completed in the following year?

The standard Texas contract (the TREC contract) has a paragraph for an option period which requires an option fee to be paid.