@Kirk Roberts Myrtle Beach will NOT have a house with a pool in that price range anywhere close enough to the beach to be a viable STR. 

Kellie I'm closing escrow on my first mobile  home flip on the 14th, i'm a little scary of the unknown but excited about the fundimentals of the deal.  

When you say "I spent," "we closed on," "my team," and create graphics that say "closed" and have your company logo as the ONLY logo on the CLOSED announcement it is to give the impression that you wholly own those properties or were at a minimum the "sponsor."

My concerns with delayed financing are the double closing costs.I don't understand the mechanics of the different loans and what the tax benefits are of the different options.Thanks to everyone who has replied to my previous questions.  

They comb through condo docs and we had to involve our attorney which cost us closing time on the last unit.Good luck! 

Typically you need 30% down, expect a minimum of 3 points, loan amount greater than $100k and the term is typically amortized over 20 years.One Time Close Construction Loans: These are becoming more popular, but can absolutely be a pain in the butt.

A strategy I try and use is to push closing dates or pull them in to the beginning of the month to give you that extra time up front before the 1st payment is due.

Account Closed Given the seller is willing to finance 70% of the purchase price of $1.8M ($1.26M) that means you need to come up with $540,000 + settlement costs, reserves and a budgetary number for repairs unless the property does not require any improvements or upgrades.

If you are this close to the border or cost you need to purchase through a corporation or through a bank trust (Fideicomiso - Think of this trust to be similar to an inheritance trust or a living family trust in the US.)At all times you are the legal owner of the property, the best way to see it is as a permit or license that allows you to purchase, use, enjoy, rent, renovate, inherit, etc. a property in this zone.

you'd need 25K plus closing costs.