Expect financing anywhere from 80-90% of Purchase, 100% of rehab (funded in draws), up to 85-90% LTC.Your best bet is getting it in front of a number of lenders efficiently to see who all the 'real players' are for you in this scenario.

I would ask for Jaci Novak or Tammy Norton over their.Also, I'm happy to take a look at the lot you are interested in selling to give you a current market value.

The entire property & casualty market is a mess at the moment with carriers being unprofitable across the board and many becoming insolvent or shutting down in states where they were least profitable and/or were not allowed to take the rate increases they were asking for (rate increases have to be approved by each states dept of insurance they don't just get to jack the rates up because they want to)If you are in a REIA reach out to some of the players there and see who they recommend.

But, I can imagine that many long term players are totally frustrated.  

We also discuss all the key players you'll need to create your virtual team because private lending is a team sport.

Really interesting to hear different viewpoints and the unfortunate challenges that face the PM community players.

All of the other “players”… politely walk away and don’t look back.

If it is Coming in 2018 as their website states, the city will know all about it.It sound like the developers are a surgeon, a former NFL player and a brother. 

The institionalized players typically have 100-200 BPS lower rates than standard hard money lending players but they're clunky and have lots of requirements its almost like the instituional HML should be called "hybrid hard money or hybrid bridge money," because of all these requirements.When we're working with those instutionalized players we usually have to do almost as much work as a conventional loan (1-4 fannie, not quite but almost as much).If you'd like to learn more about the different options or get a sounding board on what options are out there feel free to reach out and we can talk shop.

I am going to assume, then it might make sense to go with a major player in the dst's.