In contrast, private lenders focus more on the value of the asset, offering faster, more flexible loans for projects like fix-and-flips or rentals, which can be crucial in time-sensitive deals.It really boils down to your priorities and preferences.

We have a lot of customers at the moment who are strongly considering lifting their homes.

Real estate isn’t just numbers on paper; it’s about people and their preferences, which can be hyper-local.Your insights reinforce the importance of disciplined investing and doing the homework to understand your specific market nuances.

It's your preference really and usually comes down to your tolerance level for the nuances that accompany each one.   

You might check with smaller outfits too like Co/Lab lending, Preferred Mortgage, Aceland Mortgage, and co-ops/credit unions.

The 18% rate from the lender is the same as our preferred return.We consider this more a bridge loan as it gets us to the pre-sale stage, and we can use pre-sale funds to pay off this debt position, essentially refinancing.

., missing property taxes or HOA fees), unreliable rent estimates, and the time-consuming process of manually calculating metrics like cash flow or ROI.Platform Preference: A web-based platform would work well for in-depth analysis, but a mobile app would be crucial for on-the-go research and quick evaluations, especially when touring properties.Wish-List Features: A tool that integrates local market data (rental demand, appreciation rates, or vacancy rates) and offers scenario modeling (e.g., "What happens if I increase rents by 10%?")

I’ve faced this dilemma on nearly every deal, and after completing 30+ BRRRRs and 75+ flips, here’s how I now approach the decision:1.My preference is to ALWAYS BRRRR, if the numbers work.

Properties within walking distance of the Strip will likely attract more guests since most visitors prefer the convenience of being close to the main attractions.

But I prefer the guidance of someone with experience.Thanks in advance for any guidance provided.