I think it only makes sense to switch if your current lender is not meeting your expectations, and the rate/fees are significantly different.

Perhaps in return they collect an acquisition fee,  collect a construction management fee & share in a portion of the upside.

On the renewal for the license, I asked if the loft was considered a bedroom and the response I got (unsurprising when it comes to taxes & fees!)

But it should only be attorney cost, the deed and recording fees (few hundred) , maybe a final water cert.

To pull this off, you may want to use social media platforms to find your next great deal.But how do you utilize these platforms to find real estate sellers who are motivated to work with you?

Just call a local real estate attorney , they will draft up a note and deed of trust for you for a fee :)

As far as pulling equity from your duplex - totally doable!

Some of these bookings we get through marketing partners who build these relationships and charge referrals fees for finding the housing.

I’m all for value-add and if you need to pull cash out to get another deal that makes a higher return then how much you pay for it, sure, but I think you would be better off selling it and starting over.

Maverick received a referral fees (in excess of $6000) from the transaction between ABC Baltimore and me.