They also have a good understanding of different lenders' appetites, and thus can save time by filtering out lenders that won't be competitive. 

But tell us your particular situation so that we can understand it better. 

If not, don’t even think of this.No matter what, consult a qualified lending attorney to understand your legal options and ensure you have proper loan documents in place to protect your investment.

@Ko Kashiwagi My understanding is that one can still execute the BRRRR strategy and successfully cash out, but due to high interest rates, the rent may not cover the mortgage.

@Shyam Sridharan if I understand correctly this is essentially the interior buildout of a new construction retail space?

Plus, very important to understand the new layout and how the dig down will effect the existing stairs, plumbing, etc.Happy to connect and talk through your specific situation because @Bruce Woodruff mentioned every project is different and know one price fits all espeically with these complex jobs.Where at in Chicago is your building?

I didn’t know that, but now I understand the risk better. 

I am committed to gaining knowledge and understanding the ins and outs of the industry.

I like Warren Buffet's advice to make sure you understand the investment completely before investing.  

But I understand where I’m at now, and am willing to work for free until I can provide such value.A little about me.