The advantage of using a new build, when available, is a first-come-first-served environment instead of the multiple offer pay over list market in resale product.  

And after that, want rocket fuel for economic PRODUCTION, not just BS numbers, CUT entitlement programs, except health care, elderly and handicap, by 50%.

However, I do not plan on investing in this area due to hurdles of entry such as expensive product and high competition.

I know which product that you are referring to. the conventional mtg product has the following features. 1. minimum 15% down payment 2. 30 yr fixed term 3. rehab and repairs can be included in financing 4. borrower can be a first time investor. 5. no prepayment penalty. 6. the contractor will receive an initial draw at the closing table. 7.

This might fall into the 20 year, ARM products.  

I have known him for 16 yrs and he has spent his entire career in retail leasing, primarily on grocery anchored strips, like FNRP's product.  

Buying with a NON-QM program is the best way to go about it nowadays, as 1: it won’t report to credit reports, 2: quicker closings 3: it won’t ding your DTI .

They followed up right away on my pre-approval application that I submitted online.The appraisal (which usually seems to be a bottleneck with other lenders) reached out right away, even before my term sheet was finalized.Now here is where I feel a bit frustrated with their product marketing and what I actually got.

Like Nate mentioned, choosing the right lender will depened on the type of loan product you are needing. 

Like sharks.The second there is a new shiny object ALL of them have their new products out making OUTLANDISH claims of what that shiny object can do.READ MY LIPS, EVERYONE.AI CAN'T TARGET MOTIVATED SELLERS!!!