They lent me the purchase + rehab financing and I did 20% down on the purchase price.So $10k down, $10k to start rehab (later to be reimbursed from the draw schedule) and $10k in reserves. 

An initial draw of $10M.Total initial gross facility commitment of up to $25M, with drawable availability subject to borrowing base restrictionsFacility initially can accordion to $50M with approval and commitments of lender(s)* Collateral or Portfolio loan?

An initial draw of $10M.Total initial gross facility commitment of up to $25M, with drawable availability subject to borrowing base restrictionsFacility initially can accordion to $50M with approval and commitments of lender(s)* Collateral or Portfolio loan?

Purchase price was $160k We have never seen it but have had several people (our agent, home inspectors, property managers) tell us its very well maintained, neat as a pin, etc.

We will have to pay for parts of the rehab out of pocket upfront, but will be reimbursed in draws and our estimated rehab is 9.5k on the low end and 15k on the high end.

In MLS Pin, the breakdown is 24/76%. 

You want to see something that has low or no seasoning for a cash out refi or that may require low amount of documents.What is your draw fee & benchmarks for the repairs portion of the borrowed money?

If you show up on YouTube everyday flashing some expensive toy you “own”, you will draw attention fromeveryone including law firms.

I am in DFW area, so I often tell people to draw a big circle around DFW, then invest on the outside of the circle if you can find the right deals. 

Do I draw a hard line and insist they get rid of this rabbit (I don't know whether it is their pet or they are just petsitting temporarily--I'm not so sure it matters all that much to me)?