If yes to the latter, does that imply that a lien holder can foreclose early on the home if the deed is purchased (before the usual 2 year period)?

Just "DON'T" sign a exclusive purchase agreement where you have to buy from them for a certain period of time.

Shutting off the interest accumulation during a Deferment period when the Deferment Agreement they originated discloses that Interest will continue to accrue during the deferment period.  

With that said I've seen that hard money loans generally amortize over a 30 year period with a balloon payment due at the end of 1 year (could be as little as 3-6 months, could be longer).For the refi, you'll want to talk to your lender(s) to see how much of the ARV you can pull out. 

Typically we would find this out during the inspection period so we would probably hedge on offering on the lower side and then during the repair addendum make sure that we could get the costs covered.

Don't refinance, unless your loan is above 5%.If you refi into another Owner Occ loan they would want to see you stay there for a period of time, from my understanding.You've done your time.

Looking for a lender that can finance a loan of 80/20 with a rate under 7.5% for a 12 to 18 month period in the State of Illinois.Recommendations?

Whenever a business owner spends a long period of time polishing their prose in a business plan, I must be honest, I skip it and head straight to the financials.

So, this question has came up to me and I was wondering if you guys have any experience or have any answers for it.Are any types of investment loans where you get a loan for a short period of time but pay no monthly mortgage until the end of the loan period?

Generally if you average 7 or fewer nights or 8-30 nights and provide "substantial" services such as tours, house cleaning during a stay, meals, etc you DO have to pay self employment tax.Kudos to this CPA site (tarlow. com/2018/01/02/tax-ramifications-short-term-rental/):"When property is rented for short periods, special (and sometimes complex) taxation rules come into play, which can make the rents excludable from taxation; other situations may force the rental income and expenses to be reported on Schedule C (as opposed to Schedule E).If you have been renting your home or second home for short periods of time, here is a synopsis of the rules governing short-term rentals so you can prepare yourself for the upcoming tax season.Rented for Fewer Than 15 Days During the Year: If you rent your property for fewer than 15 days during the tax year, the rental income is not reportable, and the expenses associated with that rental are not deductible.