But looking for the right deal once I’ve stabilized in a few months.

Thank you for the fast reply.I am leaning towards it might be a bit risky to assume a refinance as an exit strategy if you are in a deal with a lot of equity tied up.Definitely Valdut, its always good to know all options and pick the option which allows for the best execution is speed, pricing, terms, and the right product for the given situation (rehab, acquisition, long term cashflow, construction, or interim, bridge, etc). 

So, you would most likely not refinance the loan after the property is stabilized.

You're welcome to claim other things fall under that umbrella, but then we're just arguing about terminology which is not productive. 

I think you might have to find one of the local builders vs the production ones. 

Not necessarily land, as it is very costly to build there as all materials except for some concrete products have to be shipped in.

The conventional loan product can help eliminate sellers concerns while still keeping a low down payment.3) I would just compare your rents versus market rents.

They're offering 3.99% interest rates (covering 6% of the home cost to buy down the rate), $10k in bonus money, plus a fridge, washer, and dryer.Because they can't stop building, they have to offer extremely good incentives to keep the product moving in this buyer's market.

What If I am able to get them tenants stabilize, will they lend for me to renovate them? 

Hey maybe it turns out great, but still no real product years later and now this.