Flexibility in Financing: Cross collateral loans can provide flexibility in funding different projects or investments without needing to secure additional loans.Cons:1.

We recently did a sealcoat project at one of our properties and a resident walked across the wet sealcoat.  

Anyone can put together a pro forma and tell me what the projected returns are, but that doesn't mean squat.

The problem is, airbnb income is not considered "stable" so for qualifying purposes there isn't a way to project that accurately if there isn't any previous rental history for the property. 

If a student loan is in repayment, or scheduled to begin within 12 months from the date of VA loan closing, the lender must consider the anticipated monthly obligation in the loan analysis and utilize the payment established by calculating each loan at a rate of five percent of the outstanding balance divided by 12 months.

Working with contractors can be extremely difficult as projects get delayed and there is poor communication(red flags were not present before project began).

There are also still a lot of projects in the talks stage, for example some people whispering that DFW will become the electric car capital of the world. 

This is a summary of learnings from a recent project I personally completed.  

Let me know if you have any questions about using the BP calculators I would be happy to hop on a zoom call and show you the analysis tools 

It was a cut and dry project and since it was my first deal it was an easy entry having already been slightly remodeled.