Average min dscr requirement is 1.2. 

Most hard money work as follows:•Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

It includes professional photos, a yard sign, a comparative property analysis (CMA) and a personal home overview to go over what should be done/fixed/updated to maximize our home sale.1 Year ListingA listing on MLSLI.com, HGAR.com, OneKey MLS, Realtor.com, Zillow, Trulia, and other partner and other real estate agent websites36 photos uploaded to the MLSFree changes (price, open house, description, photos)All legal disclosures and paperwork providedFree MLS flyers, open house flyer & sign in sheetsReceive all buyer leadsLocal Broker help by EmailWeekly Listing Stats for your propertyShowing time Scheduling (if wanted)Electronic LockboxPhone call questions and help with anything you need during the selling processThey negotiate your offers for you professionally They verify all buyers pre-approvals and/or proof of fundsThey fill out and send all required paperwork to the attorneys to get contracts goingThey handle all home inspections and potential issuesThey deal with the appraiser and provide comparable sale information so your house appraises for the contract priceThey confirm the commitment of buyers mortgageThey help deal with any legal issues from the town if there are anyThey handle the walk through and any issues that might ariseThey attend the closing (if there is no scheduling conflict)I make the appointments and show your own houseCost: 1/2% with a minimum of $2500

@Stephen Dispensa actually, I think the MLS' that require NAR membership... 

When you want to buy another property, your income must be sufficient to cover both mortgage payments (the new property mortgage + the higher balance on your cashout refi mortgage).

That's one of the ways in which those projects are able to provide services to a higher density of units...individual City services are typically not feasible for these projects because they won't meet City requirements for access maintenance etc.

This is a 0% interest loan for almost all of the downpayment required.

NY is still great but landlords need to:- proceed with caution- read Brandon Turner's books - implement strict requirements and systems for tenant screening and property management

You may have to fix holes in walls to do the paint, but I would not do door jambs, baseboard or other stuff that is not required to paint. 

When you reach out to the city, you should inquire about the specific permits needed for renovating a burned home, any special requirements or restrictions, and any inspections that may need to be done during the renovation process.