HELOANThis takes second position and is a closed end loan, meaning it's given as a lump sum similarly to a "regular" mortgage.

Any information about land in reference to developing townhomes would be helpful ThanksWhen it comes to Build-to-Rent (BTR) townhome developments, which fall into the larger category of rental housing that is rapidly expanding, there are a few important considerations:Typical Density: A common density for BTR projects is around 8 dwelling units per acre.

When you say the suburbs, are you referring to Jackson, Plain, North Canton, etc?

I am not making anything by referring you. 

I'm in a small town with nobody to really network with on a regular basis.

Hey @Christopher Morris,I piggyback on some of the others, but I'd connect with a referred lender ASAP to go over your options/budget/pre-approval.

So I would ask what you care the most about depending on the type of deals you do.I do think checking references and reviews is important as that's sometimes overlooked and some lenders are notorious for switch & baiting. 

Are you doing regular long term rentals there?

During the renovation phase, adhere strictly to the scope of work and budget, conducting regular walkthroughs to monitor progress and ensure quality.As the project nears completion, prepare for sale by staging the property to highlight its best features and create buyer appeal.

@Teri Feeney Styers the slow flip method that I think he is referring to is the one coined by Scott Jelinek which is buying a livable property using private money on a short term (typical 60 month--like a car) and immediately marking it up 2-4 times and selling it on a 30 year term using a land contract.