That's how long-term relationships are made.

In the meantime, as this is built I will continue to earn income elsewhere so immediate cash flow is not necessary, and long term growth is prioritized.I freely admit that despite some of my other qualifications in business, I am a novice in the world of real estate investment.

Below, I outline several incidents that demonstrate the importance of vigilance in this industry.Incident 1: Noble Capital LoansNoble Capital Loans presented itself as a Georgia-based corporation with favorable loan terms.

What’s the current loan balance and terms with the hard money lender?

Your situation presents a classic trade-off between long-term appreciation potential and short-term debt reduction.

@Ted FreemyerNot too bad of terms, but others are similar. 

If that's the case, you'll want to start with a fix and flip (or hold) type of loan, complete your renovations, get it rented out and THEN refinance into a DSCR loan for a long term hold. 

If you ever want to chat about loan strategies, happy to help!

The best option would likely be a construction loan, which can cover both the purchase of the land and the build.

I'm a new investor (just closed on our first rental - a long-term duplex)!