From my perspective, they put a down payment on a house, get a hard money loan to pay the rest, use the remaining for the repairs, when it's finished the price of the home goes up, you sell the house and pay off the loan and whatever is left over is yours.But I'm confused who determines the price of the home after it's been flipped and how it's determined.

He wants to build 2-4 units, use one as vacation house for family and friends, cash flow the rest. 2.

You need real time local info - period.

I paid cash and YES I got a 10 period once my contract was accepted by the VA to get a home inspection. 

what's the holding period  you are looking at. 

I am in the final stages of the due diligence period on a 16 unit complex.

And that I will stay in the house for a period of one year from the date I first move in.Different lenders have different requirements.

I ordered a $197 (might have been $169) course back in 2003 with the intent of sending it back within the 30-day refund period like I did another. 

I can come up with $80,000 cash but the rest needs to be financed.

She's an 83 year old woman and needs the money for the rest of her life.