Hi all,I'm sure some have heard of the properties being built by Clifton Homes:Location: 9440 N Adrian AveThey are a fully vertically integrated operation (prop mgmt, construction, and financing).This is their deal:Cash in:  $50K6-8 months later:One time refinance to put a long term mortgage on it at or around 75% which gets your $50k back + 16%.

@Jared Smith I didn't even realize all the other comments were 9 years ago until your most recent comment, really cool to hear what ended up happening.

It’s all about balance and what works best for you and your fiancé's lifestyle.

This is a great place to learn and to connect with people so take advantage of all the great resources.

Immediately before closing the sale dissolve the LLC and distribute the property to the former members so they are all tenants in common. 

I have been lurking on here forever, but just recently became a member so that I can access all the extras.

I have had multiple roofers look at it, and they all recommended reroofing with architectural shingles which are supposed to be more wind resistant.

Hey Shawn, Key Check is great, I personally use it for all my rentals and still use it for my current MTR househack.

All of a sudden we get a 50 basis point cut?

80% Cash Out No Seasoning3 Month Seasoning6 Month SeasoningShort Term & Long Term Rental OptionsVacant OptionsManufactured Home OptionsSome lenders will do 100% of your purchase price + rehab costsSome lenders will do 120% of your purchase price + rehab costsSome lenders will do 140% of your purchase price + rehab costsSome lenders will allow for PadSplit PropertiesBuying correctly with hard money can also allow you to get your cash back from the hard money loan so that you can do a Rate/Term refi with almost all lenders having no seasoning and getting better rates due to not being a cash out refi!