I'm conservative in nature, but am looking for the push to jump in at some point.

How are they underwriting the deal and what assumptions are they using and are they conservative or aggressive?

make sure you do conservative underwriting.  

A lender will use market data, conservative comps, and always side on the fence of "what if" - as in, what if they have to default you and take over the property?

@Caleb Brown Thank you for commenting and yeah I was definitely planning on trying to be more conservative with my spending as part of getting my finances back on track as I mentioned.

My thought process is, if I take $50K and put it towards Norada that $50K is being put to work more aggressively compared to other money that is in more conservative investments.

We are tending to be more conservative there to protect ourselves from any big misses. 

So being conservative we would say you gain $46k in equity ($1.15m times 4%) plus cash flow (which I would argue is basically nothing after vacancy, repairs, capex) plus principle portion of debt pay down (you’ll have to look at your statements and figure this out).

Bitcoin is growing twice as fast, and taking a conservative calculation based on current growth, there will be a billion users by 2024. 

Federal along with state chartered credit  unions that are not permitted to charge prepayment penalties are also competitive right now on rate and more and more are building out construction platforms, although very conservative on construction originations.