I am looking into my first property and have been pre-approved for a renovation loan from a conventional lender.

My goal was to just take his month late payments and give him a non-renewal when his lease is up.

Hi AllI'm in Goergia and trying to find the best lenders offering high LTV on primary residence as well as investment properties.

Timing schedule for materials Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

You can still build two separate homes on the same lot, offering investment flexibility.The streamlined approval process is a huge advantage, cutting out the red tape of lengthy public hearings.

A special committee was formed last year, and was to hold 6 non-public meetings and then send their finalized recommendations to the commissioners in November.

I've been corresponding with a non profit in CA that is doing work on ADU regulations, etc.

.-- The biggest indicator of turning public sentiment was just last month, in December, when voters in Woodland Park approved a ban on vacation rentals that also appears to NOT grandfather in existing licensed properties. 

That is a deal-killer for some groups and others will cut back leverage, so be prepared that way2) Make sure it is with a lender that is licensed in ID, it has some different rules up there so confirming ahead of time would be good.3) Include those monthly escrows into your monthly expense calculation, DSCR lenders do, so make sure you are on the same page4) With that, make sure that the lender you work with will go down to 1.0 on their DSCR if it is going to be tight.Good luck in your decision!

If you're looking for all the differences between the 6 types of renovation loans (Limited 203k, Standard 203k, Homestyle, ChoiceRenovation, VA, and USDA), you're best to use the internet or have a 1-2 hour conversation/meeting with me or an experienced renovation lender.