As others have mentioned, hard money is a good tool to have, but I think it's always a good idea to have multiple exit strategies, and paying such a high interest rate makes it difficult to carry a property if you're unable to sell within 6 months or so.

It sounds like the property has peaked your interest but I always make sure that emotions get checked in at the door and verify that the numbers and my exit strategy makes sense.Will the properties cash flow?

My loan broker told me that many lenders exit from the apt lending with loan amount lower than half or one Million.

I've found a property for 60k that needs @10k in rehab. The ARV should be @95k. If I try to flip this in less than six months will conventional lenders write a mortgage for the new buyer or does the seasoning rule not...

I would expect the exit value to be more than the purchase price, repairs, holding and closing costs.

What are some contingencies and exit clauses to include in my PS and assignment contract to protect myself?

What is your exit plan? 

What's the exit strategy?

Is there a secondary exit if the prison makes a change?

Sec.) as an exit.