Credit unions, banks, mortgage companies and private lenders.They all had the same answer.

I recently started a small scale real estate development company here in Pittsburgh, HeyDay Development.

This client was transferred to me by another PM in our company because her portfolio is maxed out and she doesn't have capacity to take on more properties.This client had been self-managing a short-term SFR for the past several years and recently converted it to LTR.

They are a reputable company. 

C. and @Trevor Laramee I went through a local insurance company and was happy with the rate.

Can anyone recommend a company that offers a builders risk policy to cover the construction period but then will also allow a cancellation and refund after work is finished to convert into a standard landlord policy.  

I will be start out on my real estate journey soon by working for a company and sourcing deals for them.

Key Deal Points:Loan Amount: $88,000Lien Position: 1st position Purchase Price: $120,000Appraised Value: $250,000Interest Rate/Return: 11% annual returnTerm: 5-year balloon (meaning the entire principal and interest must be paid at the end of the term)LTV ratio: 35.2%---Licensed Lending company for contractsRMLO package completed on buyersServicing company for payment

Some manufacturered companies treat it as personal property not real property.

I am having trouble following you can always send the money to an insurance company.