They financed this amount (higher loan amount) and any non utilized portion is reduced from the principal balance.

That would make the balance $12,935.

AND you have to itemize any deductions from the security deposit with the check for the balance (if any).

All I do is expect to gut the kitchens and baths and do all the balance (paint, flooring, electrical/plumbing fixtures, water heater, etc.

I would probably need to make at least a 50%+ profit margin to balance out the risk.Any thoughts or concerns would be greatly appreciated!

I'm on the phone with him every other week trying to straighten up my balance sheet, work on different tax filing approaches, massaging numbers for a loan app, etc.

Those reasons approach infinity deriving from mortgage servicing contract restrictions, portfolio size, balance sheet health of the investor and regulations to name a few.

The loan and payback is just reshuffling money on your balance sheet.

Hits to the principal balance is to be avoided.

The other issue that come from a lender loaning money to purchase a company would include business plans, viewing the statements of cash flows, balance sheets, and income statements from the selling business for whatever period of time they want.