Someone suggested that I borrow the construction money elsewhere and forget about the construction funds that I was going to borrow from the hard money lender.

amortized 2@10yr, 8@15yr, 8@20yr                   - avg cashflow $320/ home                   -2 homes no loan        -2.1m Appraised value, 1.1m borrowed on above loans.

Am I considered a riskier borrower?

Couldn’t I sell for a loss, and pay the bank back whatever I owe them but borrow that amount?

Nonetheless, most of the experienced flippers we know will borrow as much as possible to do as many deals as they can and keep the pipeline full.

This means it can take several years for the borrower to lose their home to foreclosure.

When we engage appraisers to appraise for loans, we do not tell them the loan amount, and we don’t allow them communication with the borrower.  

There are other details as well such as borrower documents will have to be translated and converted to U.S. dollars in a lender approved manner.More on DSCR loans: DSCR loans won't use your income to underwrite the loan.

In the US, for Conventional loans, we can sometimes get the borrower on a payment plan and treat the plan as debt for DTI as long as certain conditions are met.

Thus, bringing the borrower’s principal and interest at $1,949.63.Net Cash Flow for this may equal $808.66, with a 14.12% Cash-on-Cash Return.In this scenario, the borrower is looking for $68,746.00 to fund the Entry Fee.