If you want me to give you a quote, I'd need to know the address, 1st lien details (type of loan, balance, interest rate), credit score, income/DTI details, and target LTV (can go up to 80% CLTV on the 4plex). 

Are you estimating that building will be more profitable with the higher material prices and the added challenges of getting a certain type of financing together with the time constraints to minimize holding costs? 

@Pat Arnesonjust curious - are you able to share what experience you have, what types of deals you're looking at, and what price point you're looking at? 

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

In my circles I just don't hear about a lot of people taking lake vacations and staying in AirBnB/STR type accommodations. 

So, the only way to buy a primary home without providing tax returns is if you are self employed and use a bank statement type loan.

What made you interested in investing in this type of deal?

YOu should ask him why that would be the case and for some type of supporting language to back up his claim.

They often have loan products targeted at rehab loans on low value properties, particularly those that are in underserved communities of big cities like Detroit.

Mandating how a product/service is conveyed to the public NEVER works to lower cost of goods to public, EVER.