Hey everyone,A few of my partners and I are looking at buying duplexes with cash in the Cleveland area, fixing them up, renting them out, and refinancing them in 6 months. 

If the 10k doesn't pay off the loan then why would you want to apply 10k at those rates and also when they're fixed payments?

Our goal is to live here for 'almost free' while fixing it up and bringing it up to ARV.

Hopefully a fix is in the works soon. 

I have a couple of items to fix that came up on inspection.Best, -JD

An estoppel certificate fixes this problem.

find and fix the source of the leak.

only the GC makes it ok. you should have your personal realtor that will sell the property after it is fixed speak with the GC and look at the house before and after. your realtor should give you before and after pricing. an appraiser is only good if you need a loan, other then that they are absolutely worthless!

However, your flip needs to have enough earning potential to cover the HML's high points (fee) they charge at closing and gets rolled into the loan (3-4% of total loaned amount). 3) I did my last flip with putting a conventional 30 yr fixed and paid the down payment and reno costs in cash/LOC.

But she kept treating my friends and family members as contractors who come to my house to fix something etc.