Nick, on the lending side - you would most likely be seeking an IRP DSCR product.

Dav,There are fix and flip loans available on 5+ units, but, the products are more niche than 1-4 unit residential.

When you start opening up old houses you'll find problems that need to be addressed if you want to deliver a high-quality product to the end user.

The reliance on brokers for filling tenant spots in commercial always worried me.

There is no personal loan for non owner.Loans are organized like this for non owners:1-4 can be a conventional or government backed or DSCR or bank statement loan- lots of variety in products.

They can tell ya all about how to whiten teeth, shake hands, hair product, but economics lol, yeah not so much.

The other options include: -moving into the property for a year to qualify for loan products such as FHA or conventional.

It's very interesting that our laws which now encourage ADU production as a means of supplying our communities with more affordable units include these provisions that discourage and dissuade investors from taking on this kind of Jr.

When we compared options a few years ago it was the best proven product for us at the time.

Much cheaper and a better finished product....