Hi Chris, Most Ground-Up lenders are capped at 85% LTC.

We are starting out with flipping because, as @Mohamed Youssef stated, we would like to build up a bit more capital.

I love the area. 

Because the Property Class dictates the Class of the tenant pool that the property will attract.

There's a lot of equity here I can tap into, but I just need help with the options.Thanks for the help!

In self-insurance, to whom does Landlord pay the small premium?

The media/influencer community will pick up on an anecdotal property that got into trouble and say it's a sign of turbulent times ahead.

In 2023 when the interest rates went up and my minimum payment tripled , I sold the house for a profit.

Keep in mind the chalets do not have a typical deed-they are issued a DMV title as they are technically on wheels.

It felt reasonably if not underpriced to begin with and felt like I would lose an opportunity if I didn’t put in an offer for full asking price, they ended up being multiple offers the 1st day on the MLS, so I felt good about that decision.