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RE: Hard Money or Contractor Financing for an Uncertain Flip?
The buffer needs to cover both the hard-money maturity date and the contractor-financing timeline. A project can be substantially complete while punch-list work, subcontractor payments, and lien releases are still unreso...
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RE: Mortgage paperwork nightmare when you're your own boss
I’d qualify that a bit. Organized records definitely help, but they don’t guarantee a smooth ride. Lenders can apply different rules to business deductions, add-backs, and calculating qualifying income, so two banks may ...