Hard money loan How did you add value to the deal?

I was house hacking a duplex with a VA loan and there were some beams that needed to be put up in the basement.

When flipping, the most important thing is understanding the available loan programs for potential buyers.

Maybe a DSCR loan?

That will be a big factor with regards to whether you can qualify for a DSCR loan or not. 

Quote from @Eric Huntermark: Additionally, as I'm thinking about conventional loan products as well.

I only wanted to clarify that almost everyone who mentions their equity means “cash after paying off their loan”, not their gain.

Question: Should I collateralize the loan (if using private or hard money), or rely on roll-over loans (to maximize the lower points and 3-4% rate)?

Then I refinance it with a long-term DSCR loan.

To offer up a personal example, I am working on a project with a 70/30 split where I took down the entitlements without any LP equity (although I did use some bridge dequity who I took out after permits were obtained) and my LP partners did not wire me funds until 2 days before the construction loan was originated.