Many lenders are using an internal construction loans to replace Homestyle, ChoiceReno, and 203k out of simplicity.

If you have any tips, tricks, or advice when it comes to flipping, BRRRRing, or development, we would greatly appreciate it!

Ones of the biggest was that we had to completely replace all the old electric, luckily we were able to save in other areas of our budget to offset most of the costs but not all of them.

Just click on thelittle black triangle to the left of the name andrew thanks for that tip I was wondering how you get that info to drop down !!!!

Happy to connect if you want to swap tips or chat more!

If you ever want to talk strategies or options feel free to reach out I can go over some loopholes and tips.  

I ultimately obtained a variance to build 12 townhomes and 18 condos reliant on my hardship case and by agreeing to take responsibility for replacing the retaining wall in a re-designed terrace approach that stepped the wall back from the most immediate neighbors which was a rounding error once applied to the overall project budget.

https://www.biggerpockets.com/forums/521/topics/1218823-chic...Hey @Jonathan Klemm, thank you for your tips on how to get started!

I want to replace it with a small 2 bedroom 800 sq ft house.

Any tips or advice would be much appreciated.