Class B-/C+ 190k -->~35k down  (includes closing cost)Tenants are there, 625 each unit (allegedly, still need to see leases and payments)... $300 cash flow post 5% vacancy, 10% capex included, PMI deduction, water, tax, and insurance. 

We are looking for experienced, reliable, hard working & honest General & Sub Contractors in the Tampa Florida area to work on our house flips.

When using a Hard Money Lender I understand that there is a loan origination fee but what I am confused with is this: What are the monthly payments on a HML assuming that it is 15% interest on a $100K loan.

They offer a line of credit to purchase homes at 1% interest with a high 1x down payment between 6-9k which is taken out of the loan disbursement.Hoping to get some insight as to whether they are a good/ethical company to work with.

We have funded other foreign national scenario's in the past which required more of a down payment than normal.

We haven't even talked about down payment, this can affect things like PMI etc.Chuck

As far as I know,  most retail buyers buy based more on terms, money down,  payment per month,  than the price.     

With no monthly payments, interest and loan balance due at six month or pay just interest and a fee to start another six month loan. 6% interest rate I think 

I'd rather flip it myself because I can make more, but I need a financing method that requires a very low down payment.

Do you have the funds for the down payment and closing costs?