Dept Of Corporations
I found a great post a while back about lending in all 50 states via some creative method using the Dept. of Corporations in California. This does not require FDIC membership.
Does anyone remember this link...man I wish I bookmarked it!
Thanks.....tom
no luck, nobody remembers this post????
Depends on what are you future goals. Do you want a paycheck or to put the money in long term savings plan. You might want to wait until you are done. Then determine if you liked the process of buying and rehabbing and if you would like to do it again. Rentals are great, but they can tie up your money and time so that you do not have the resources to buy the next house. Since you are buying so low, you can do a cash out refi and get your money back. But do not count on the rental making money. More than likely it will cost you in the short term.