We have an in house risk assessment system that includes credit, property value and other factors to score a loan.

Pragmatically there are 20 main things to consider and 100 other factors.

As a full service design-build firm, we are capable of so much more (full custom new builds and large scale renovations and additions). 

Too many get tunnel vision on just the % and completely forget there is 3 factors to how the #'s wash-out; the rate, over what time, on what total amount.

The interest is added to the builder's cost sheet and factored in to the total cost to build. 

But there are other factors of a personal nature that will dictate when people want to use leverage or not.

You can usually get the zoning destination with the property listing, then look that designation up in the town's zoning code to see which uses are allowed there.Basement habitation - There is a concern that limited egress, fire and CO are major risks to bedrooms and habitation in general of basements.

🌟Make Valuable Connections: With fun-filled activities and networking opportunities, BPCON is designed to make it easy for you to connect with and lean on like-minded investors who share your goals and aspirations so you never feel alone on your investing journey.Boost Your Potential: Buzzing with energy, inspiring speeches, and the best teachers, you’re guaranteed to leave full of momentum and confidence to get started and go farther on your financial freedom journey.Close More: The most approachable environment where you can meet your mentor, partner, or teammates and grow your portfolio to unimaginable new heights.🙌 Don't miss out on this incredible opportunity to learn, grow, and connect with the BiggerPockets community.

Additionally, the owner is considering design plans to convert part of the upstairs into three apartments, adding further value and flexibility.I’d love to hear your thoughts.

As a private money lender, I'm curious to hear what makes an ideal lending relationship for you and how I can better support investors looking for flexible and fast funding solutions.