In practice though, the 203k loan is difficult to close.

I am certain they are paying, although it is difficult to get proof since they pay in cash directly to the owner...

Is a 1/4 point on a pretty large balance worth a measly $34k? 

I don’t know if this is true, but I later determined that those online test questions were coming from test prep sites, so of course they made it difficult!

The time and effort involved with screening and background checks seems difficult to handle so far away.   

I have been doing some research on changing my tax status to a C-corp and want to know if that would be ideal for me, considering my situation.I currently make monthly payments to the IRS, due to working as an independent contractor 2 years ago and I have a balance of approximately $4200.

Hi everyone,I have read several books, listened to many podcast, and educated myself anyway I could and one question that seems the most difficult for me to answer is "do I get an offer accepted before I secure financing?"

Most hard money will be interest only payments on the full approved balance of the loan whether or not if you have pull the draw funds for repairs.

@Gabriel Combs the info you provided is too wordy and making it difficult for people to follow.Missing info:Down PaymentLTV

It is difficult to grow a rental portfolio when you only have single family houses.