@Marquez Davis You can expect a lot lower leverage with land purchase, but as @Sasha Mohammed said, there are products for ground up construction that roll the costs (horizontal and vertical) into the overall construction budget.

There is a strong demand for rentals in these neighborhoods as long as you have a quality product, a good leasing agent, and price your rentals correctly.

It is our job to facilitate and make the process smoother while selecting the most appropriate product/lender based on your overall goal.

Thanks Hi Erik,There are several private lending products available that can help with thepurchase of vacant land, depending on your situation.

This 60 basis point increase is particularly notable given that just a year ago, San Jose was grappling with rent declines.

Im focused mostly on the permanent financing part of the equation and dont currently offer hard money/ABL lending products, but I'm more than happy to connect you with everyone.

Currently my husband's parents own the property but need to sell due to declining health. 

Are there any non-qm loan products that lend in the 75-120k range?

Sounds like that may be a bank specific product and a pretty sweet one at that.

The more full Doc a loan is typically there is more documents, scrutiny, and ultimately a longer closing time frame where as a private bridge note can fund in 1-2 weeks the full doc rehab loan may take 40-70 days on average depending on a host of variables (your General contractor's documents, the appraisal, scope of work, etc).Its imporant to figure out what you're trying to do, what deal you have in front of you, your capability in terms of all loan products from DTI focused ones, the bridge private ones, your time frame to close (the type of seller you have before you), and execute with the best game plan.Best,@Matthew Kwan@Carlos Valencia