Originally posted by @Tanweer K.

Botanical chase hill, San Antonio - Original completion June 20233.

Yes this is possible.Go check with your original lender on the first property if you had one. 

Here's the original post: https://www.biggerpockets.com/forums/517/topics/1222034-pote...Thanks to @Michael Plaks for highlighting that the 12/31/2024 deadline and the enforcement and the penalties are back, as of 12/23/2024!...

This was not a complete rehab, we were keeping the main bath, moulding, and original dooors. 

Kiavi minimum 2k origination fee for 30Y loans is ridiculous.

Do you need license like you need to become a conventional loan broker aka originator (I happen to be one, licensed in NY and NJ).

That move created frustration on my part and the seller and had to amend the original contract.

Now his original property is less cash flow, and is his 2nd is likely negative $500/mo.

I already have land holdings near Everett that will certify out at 304 salable density bonus credits.To play this game, I get certified and then "clip off" the transferable development rights for sale to urban developers in the county, who can cash them in for an increase in dwelling unit density from an original 22 units/acre to 58 units, and building heights from 45' to 75'.