@Jonathan LudizacaFrom a lender's perspective, starting in 1-4 units gives you experience and many more lenders will be open to first time flippers in this space versus multifamily. 

Looking at 50% LTV currently.If your borrowing is TRULY at 50% LTV, a little creativity on your part should uncover potential lenders.  

Yesterday I reached several Fishers' City employees and a member of the Nickel Plate Review Committee none of whom had ever heard of Goodin Development. 

.: Anyone with experience (and/or referrals to lenders) with non-recourse loans?

Quote from @Leonard La Rocca III: So is it common to find a conventional loan without meeting the lender in-person?

With your costs being less you can invest more into the property to build reviews and get bookings. 

Check out passive pockets and see what reviews are there.

Look for your states offer to purchase contract online or contact a realtor to get a blank copy. review the agreement to be sure assignment is not expressly excluded. if there is nothing excluding assignment from the contract then writing the words "/And or Assigns" after the name or company's name on the buyer's line should be sufficient.Good luck!

Although that would be looked down upon by a lender as well because of the inherent risk of lending to someone who has too much on their plate. 

As a result, the sale was canceled, we foreclosed, and the second-position lender was wiped out.