If you believe that the flip is relatively low risk (given that you dont have to buy the house its not as risky as other flips) you could see if you could raise the repair cash from a source like that.

Look for people with IRA's.One time payment a year is not very attractive.You are competing with others who offer monthly payments even if it is interest only.Borrow from a bank or credit union or use credit card they want monthly payments.

Home owners pay HOA dues to cover updates to administrative and billing records, changing and exchanging security codes and cards, creating monthly billings and home owner financial status documents.

I love Salem ( was raised there ) and I think you can do well there in the blue collar areas especially.Good Luck!

For one thing, attorneys usually get bar cards for each states separately.

But to me, they are better than a traditional loan because with a loan, you get the money, then pay it back... and then it is done and you have to repeat it all over again.With an equity line, it is like a credit card so to speak.

(I'm actually asking)  Here's my take: -Lawyers are good advisors as they will raise some 'angles' that you or I might not have thought of-A Gold Rule: "Everything is negotiable", and it would be prudent to ask your investors what their expectations are. 

(I looked up what he bought the properties for on Zillow.)To fill out the lead card on my website it asks for the seller to enter an "asking price".

Doing that would raise our payment only slightly, instead of lowering it which was the original intention. 

I wanted to be able to stay home and raise her so I quit my job and jumped into real estate full-time.