I am not sure this would really lower pricing that much, but also frustrate more and more borrowers as sometimes its very challenging to deal with banks and lenders.  

So this is common thought and why it is a real challenge to get debt secured by the ADU value add at higher than 50% of the addition cost. 

Challenges?

Challenges?

i do think it's challenging, though, for a brand new investor with zero experience to jump right into a huge rehab with a contractor they've never worked with before.the contractor might want a larger up-front payment to mitigate their own risk, and they're not going to be interested in any kind of fancy nonsense like a 'penalty' when they know a new investor has never managed a large project before.i have also found that some contractors, including reputable ones, don't even want to share itemized bids because they just don't want to have to argue about the individual line items. 

Challenges?

@Clarissa Finks here's your challenge: Everyone wants free software - but there's nothing "free". 

Challenges?

Its always been my understanding that renting in the winter months can be challenging compared to spring/summer.

I’d love to hear about your journey.What’s been your biggest challenge in getting your first deal?