Quote from @Jaša Rot:Hey Jasa, I would imagine there are going to be a bunch of folks jumping in there to lend their expertise, so just because I'm first, doesn't mean I'm right, but: Generally that initial loan needs to be secured by real estate.

Imagine a $185K income earner ($100K after tax) having a $600K mortgage.

Imagine if landlords did this to tenants (and I know some do...I'm responding to another post like that right now...).

I would imagine the bigger loan origination companies out there who underwrite like robots because they are lining up the sale before closing  will be the exception and require those docs up front. 

As consecutive Mac Conway Award Winners for Excellence recipients, Montgomery is well positioned through their "Imagine a Greater Montgomery" initiative to re-shape the city vision.

I'd also imagine there is likely a way to get the land "data center build ready" for lack of whatever the technical term is,  and then sell that if you didn't want to do the full build.   

Could you imagine having a bunch of STRs in Dallas and then the city randomly pulling the rug out from you?

Can't imagine how it would cost 6k for only 4 rentals unless you have other businesses, and each one is in a different LLC...but also not sure. 

And the plot thickens....I would imagine there is "in the event of default" language in the collateral assignment agreement that states what the lender can do to recoup their funds. 

Imagine how annoying it would be to manage 100 single-family homes.