Most work this way: 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.

Purchase price: $100,000 Cash invested: $100,000 Bought this house and got 2 more free What made you interested in investing in this type of deal?

Why do you think purchase contracts are so long and have such small print?

Ricardo,You have a couple of options if you decide to go in with "All cash" you can do a delayed financing loan after you close that will give you back 80% of your purchase price, plus any renovations/repairs.

I had a friend who just purchased a 2nd home in Florida with RBC and got a great interest rate and they use your Canadian credit but it's a US mortgage. 

If you are unable to provide a sample video of the lessons and are unable to provide references that interested potential clients like myself can contact and speak to directly for feedback on the program before purchasing either, I would like to suggest you include those resources in the future.

Purchase price: $160,000 Cash invested: $52,000 Sale price: $240,000 BRRRRUsed OPM How did you find this deal and how did you negotiate it?

Trevor,In my opinion, stick to the companies that purchase, renovate, lease, and manage the properties for investors. 

You'll also need to be well-versed in the Landlord-Tenant Laws of the state you purchase in as well as resources for tenant screening and contracts. 

Since the property is there, I can only do investor loans in AL, but from a consumer standpoint you can do Conventional, FHA, VA, and USDA as a renovation loan where you take the cost of the property plus the cost of the renovations as your purchase price up to the value of an "As-Repaired" appraisal.