The only exception(s) to this (if any) are the items reflected on theaccompanying Escrow Holdback Agreement, if applicable.Citizens is authorized to disburse the final draw in the amount of $________________ in accordancewith the executed Disbursement Authorization on file.It is understood that, in the event the Borrower(s) are dissatisfied in any way whatsoever with theremaining construction after completion by the General Contractor, their sole recourse is against theGeneral Contractor.Borrower(s) and General Contractor, jointly and severally, agree forever to fully protect, defend, andsave harmless Lender from and against any right, interest, claim, and each and every of them, ofBorrower(s) or General Contractor against the Lender, against all losses, costs, damages, and attorneyfees and expenses of every kind and nature which the Lender may suffer, expend, or incur under or byreason or in consequence of holding the remaining proceeds as provided herein."

Assuming you execute the project properly and the rents support the mortgage payments, it should be no problem at all.

You can then sell the option to a solar developer, but they too won't execute the lease until they confirm they can develop.

You've definitely come to the right place to learn more about executing that BRRRR in Iowa! 

I’ve started to consider pivoting my strategy in the spirit of “failing fast,” and figure that in 2-3 years I could conservatively do 1-2 flips and then 1031 that into a larger multifamily property and try to execute my original strategy.

Since i paid cash for new michigan home i can use it to finance the future MI rental home and pay it right back off again in 2-5 yrs if i need to,  Im going to try to not do that.I had come up with this plan all on my own but had no real idea of how to execute it and i had ZERO practical experience. 

- Your structure Once you accept these responsibilities you will be able to better ensure a smooth execution of house hacking. 

Hello, all - I am looking to execute the BRRRR approach in the next 6-12 months on a duplex, triplex, or fourplex.

Almost all require the following in some combination to execute successfully on a sustainable basis : (1) CAPITAL (2) KNOWLEDGE (3) EXPERIENCE.  

Jason's commitment to successfully execute my funding in only a few weeks was impressive.