At this time in the project, is it possible to take out a loan against the property in order to buy a great investment which would be a patch-n-paint and could become an awesome rental?

What is your projected ConC return with 20% down and 60% occupancy?

I specialize in building and flipping properties, focusing on transforming houses into beautiful, functional spaces that create value for buyers and investors alike.With several years of experience in real estate, I’ve developed a strong foundation in market analysis, design, and project management.

It is in a northern MI Downtown area (opp zone) in a county seat with 2 hospitals, had it re-zoned to mixed use, and is considered blighted which makes it eligible for MEDC funding of up to 50% of project cost.It is 8k sqft (4,000 each level) with the lower level being a walkout (top level is street level with sloped drive down to the rear of the building).

You’re spot on about both FHA 203k and Fannie Mae HomeStyle loans being great tools for renovation projects.

Starting in 2017, Pina began accepting investments from victim investors for the alleged purchase, remodel, and sale of specific real estate projects in New Jersey and other states.  

@Jason Tucker, I'm curious to hear, what ever happened with this project.

Outside of real estate, I enjoy working out at the gym, woodworking and building furniture, playing tennis and doing any and every DIY project. 

If you wait three months, you can use the new appraised value for the cash out refinance which is helpful because if you're doing a BRRRR, you're presumably adding value and will get more cash back for your next project if you wait the three months seasoning period.

I'd ask around some GC's that are higher level they may have some decent project management/financial tools if they're at scale.