Nic construction loans on resi ground up development for me go like this.A and D loan or just D if i pay cash.. put in all the streets and roads and record final plat.A an D loan is a blanket loan as you put it.. with lot releases  when i get a vertical loan i can a land advance onb the vertical loan and that pays off the lot release for the A and D  if i pay cash of course there is no pay off and they are just individual loans on each lot.. since each build is different they are not blankets and they are all stand alone.what i do get though is my bank as long as the lots are basically same configuration and size they only appraise a floor plan once.. so like on my last 25 lot deal we built 4 floor plans so instead of doing 25 apprasials for the construction loans i only did 4.. that saves me 10k.. right there.

@Shawn Harvey depends on the ROI of my capital and time, but general speaking I would only focus on running a MHP park and not renting individual homes.  

Hello, what are great Hard Money Lenders in Dallas that works with 1st-time fixer Upper Individuals?

I have no W-2 income, but my wife does and i have strong cashflow.Would it be better to go for a portfolio loan or go through each one individually?

.#1 with that price range an individual can do a brand new build to his specifications.

Unlike poured foundations or brick/cement-block foundations, the stones aren't very uniform, so there is a little art to replacing individual stones.Sometimes you have to repoint the mortar in between the stones.

You have to buy it as an individual.

@Jamie Moore If your properties are encumbered buy a large mortgage and you have insurance (the right type) and maybe even an umbrella policy you should be pretty safe.I am getting ready to have a Revocable trust created to own a master LLC, this master LLC will own a bunch of LLC's that own individual properties.I have a bunch of LT rentals that have no mortgages that I need to protect.

For repairs, should we talk to a GC or companies/individuals or specialize in specific areas?

Maybe I got lucky or maybe I'm recommending my brother-in-law.I'd rather give objective criteria that helps the individual screen whomever they decide to look at.