There are hard money lenders out there who can help with fix n flips so I would start conversations with different lenders to get a sense of terms and interest rates.I would also prepare yourself for the long game.

We'd love to have a conversation about investing goals. 

Hi BP Community - I've had a few coffees with local investors in recent weeks, and have really enjoyed the conversations.

It likely just a quick conversation to explain to the tenant. 

If your co-worker is open to discussing the issue you should write down your questions and then ask to set up a time when you can have an uninterrupted conversation.  

Cannot sell right now either, I am pivoting my research in the Florida market to invest and potentially purchase a property for STR in 2025 and I had a few conversations with mortgage brokers to get some insights. 

But with off-market deals, things are a bit different since you might not be using their full spectrum of services in the usual way.It's all about kicking off the conversation on the right foot.

It requires deeper conversation if you are serious.

The cash flow can appear good on garage conversion ADU additions, but the value being added by ADU additions in SFH areas is even lower than this amount.  

The builder will need to be approved by the Bank/Lender or the bank/lender can provide you an already approved builder they have used before in that County.Once the builder is approved the Bank/Lender will have a initial meeting and set up an agreed upon draw phase based on the work that will be completed in phases.Best thing to do is have a conversation with a seasoned Banker or Loan officer to start an application and set up step by step plan.Feel free to reach out if you have any questions I am always happy to help and talk REI.