Our needs got clearly defined last week when we tallied up the rehab cost on a midsized flip project, at $51k vs the $40k max we had budgeted.

Hey @Reeves Bennett - BRRRR is a great strategy, just to be crystal clear, it will take 2 different loans to complete.

They excavate the sewer main for their tie in, while exposed they cut my active line and capped it. 

You can also ask the title company to offeer a "lean Fee Sheet" meaning "Cut the fat" and reduce the BS fee's.  

The plumber will likely have to cut open the ceiling to confirm and make repairs, so you can save a little money by learning how to do that yourself, confirm the problem, and then call the plumber for repair, then patch the ceiling yourself.As Jonathan is trying to point out, it's important to expect these things and have funds on hand to deal with them.

For newer developers, credibility often hinges on clear and compelling financial documentation.

However, as must as we strive for a hotel like experience we are not a hotel and we make that clear in listing and our welcome letter. 

You're into the lot for 300k so you clearly need to have a bigger cabin in order to cost average out your lot against the build. 

Hire a contractor or GC with clear terms for execution and completion.Secure financing early, whether through cash, private lenders, or hard money loans, ensuring reserves are included for unexpected expenses.

They do all the work and then they take a cut.