. 🤷🏼‍♂️ Credit scores can be misleading when screening tenants, as many lack the term loans (like mortgages) that drive high scores.

So they started doing the loans that everyone else turned down, ultra high risk development deals, second mortgages, land loans at ridiculously high LTV, loans where the borrower has none of his own capital invested, 85% of AFTER stabilized value loans.  

Bridge Loan: A bridge loan could provide the $150,000 you need until your tenant-free property sells.

It is the combination of all cash plus lack of transparency and due diligence allowed to the investor that would worry me.Hope that helps.

This should roughly take me to 150k per year and carry the loans for land and construction.

I got my realtor license in 2021, and that same year, we purchased three single-family homes using investor loans.

From my experience, when I dive into the costs associated with building an ADU—including construction expenses and financing options like hard money loans—it often doesn’t make financial sense.

Use tools like the VA loan for house hacking and your Basic Allowance for Housing (BAH) to cover living costs while building equity.

A couple of months ago, I purchased a property using a hard money loan for $115,000.

., the appraisal for 5+ is at least $2k-$3k) and the financing structure by lenders because Fannie/Freddie don't generally buy loans for commercial properties.So, for you personally, the biggest driver for the type of your next property is probably going to be the amount of a down payment/equity you can put in the property.