The loan will usually cover the purchase, the rehab costs( which is why HML's may require an inspection and ARV to be done so that they know how much to escrow for rehab, and how much equity there will be in the house after the rehab is done), and closing costs.

And or you just get a second mortgage to cover as much of the balance as possible.

The sofa was completely covered with blood.

If the rent will at least cover the original mortgage plus interest payments then you might find some nibbles.

He informs me that he wont lend to me because I don't have enough liquid cash around to cover myself personally for 5 months.

It isn't wise to make expenses that are not covered by the positive income that your rental unit produces.

I am looking into flipping properties and wanted to know if it would be possible to start an business Example: Investment Firm or Rehab Business, so that I can get business loans to covers financing.

This 2% cap on seller covering closing costs must be new because we were sellers last summer and up to 3% was the deal with one lender (bank groups).Three investment properties refied with stated income loans (rate and term) for 6% rate closed the first week in January.

The title insurance is normally the lenders and the owners policy that they cover.

In so doing, they can cover 100% of the total project costs including, in most cases, monies the developer has already expensed for soft costs, pre-development, etc.