Not sure if hard money would be the correct route to go for this one or notHey @Scott Allen I generally run the initial underwriting to minimize the developer's equity (@Shayan Sameer) based on the max LTV % or LTARV % that the handful of HMLs that quote me on my deals.

If you are doing a live-in flip why not use that equity for a down payment with a refi or HELOC?

So it can be good for cash flow and building in tighter spaces but it is less of a equity play in today's market if you're looking to sell right away

@Heather Bailey When house hacking with a separate rental unit, ensure proper insurance by obtaining landlord or short-term rental coverage tailored for Airbnb activities, in addition to your primary residence policy.

@Jason Khoury I purchased my current residence, a duplex, from a local non-profit about 5 years ago.

Investment Info:Single-family residence buy & hold investment.

Just be sure to clarify that she isn’t a leaseholder but is authorized to reside in the unit.If you’re concerned about liability or want more peace of mind, you could ask the primary applicant for additional security, such as a higher deposit, depending on what’s allowed under Colorado law. 

Chances are this is NO deal property as the X will want their fair share and a fair market appraisal will need to be done and the equity split equally.   

And it also concentrates the equity in your remaining property. 

@Jaedon StoutBRRRR Strategy - This works well when buying properties below market value and rehabbing them to increase equity.