I'm not in nursing and I don't know all the details of this program, but ask around and you'll quickly learn more.

@ Paul Timmins I really appreciate your response and detailed instructions.

Hi Tom-Nice details, I think if you couple this with the following information:  (3) Secrets Everyone Needs to know about using a 203k loan for more information on the 203k loan, loan process and how to build the right team for success.Good luck to you!

Michael, Thanks so much for replying and going ino detail about the 3 main different Loan typesThe Commercial Mortgage is the one I Initially understood the least about .You definitely helped me now understand the Loans and how they workSo if I go with say a 5 year term with a Balloon via a Portfolio Loan , Then I will have a 25 year conv. loan when  go to refinance my loan when the 5 year mark is up ?

If there is a rent sign in the neighborhood that doesn't have info online, I call and ask details.  

Great site for any type of real estate investing.I have a podcast entitled the gateway, which details how to get started in Multifamily real estate.  

Can you contact me with details pls.

I'm under contract for my first fix and flip in East Chicago, IN.Purchase Price:  $50,000Rehab Costs: $30,000ARV:  $115,000I have two financing options that I'm considering.Option 1 - Hard MoneyAPR - 13.5%Origination Fee - $3,000Appraisal/ Inspection Fee - $350Option 2 - Offer from family members (Aunt & Uncle)Family members bring $40,000 to the tableI bring remaining $40,000 plus holding costsSplit sales proceeds on a 50/50 basisOther pertinent details:  I'm hoping to hold the property no more than 6 months.  

The details you mentioned are exactly what i was looking for.

I will be able to give you more details.