We're here if you have any other questions or would like to consider working with a design-build GC on your project.

That is another factor that a bank will consider. 

I am considering doing this but should I charge a fee to write up and get the lease addendum signed?

I’d recommend shopping around with different DSCR lenders and considering lenders who specialize in investment properties for more flexible terms and options.Good luck with your investing journey!

I think I have calculated the appropriate numbers, but this our first new-build adventure and I would appreciate more experienced eyes on this analysis.We are considering purchasing land in Packwood, WA and building an upscale modern 3/2 1500 sq ft A-Frame cabin.

New occupants will be coming soon, but in a 3 family, i have set of excellent student tenants that renewed.That said, many landlord insurance policies have exclusions for students, so I am trying to gather info on updating a policy to consider the fact that the building is only going to be 33% student occupied.  

Have you considered this option as well? 

@Jordan Kaylor Using a HELOC to purchase a property and then refinancing into a conventional mortgage is technically considered a cash-out refinance.

I aim to buy my first investment property this year and am considering residential opportunities both in DFW and OOS. 

While institutional lenders would probably need a number years proof of collections before considering the income from the wrap, private lenders, such as myself would look upon the situation more favorably.