If you ever see someone offering terms that are too good to be true, you might as well just post your SS# and banking information on IG.

Martin They get a bank loan, but most do not start out in MF, they start out in residential.

Start by talking to your bank. 

I’ve heard a lot about BRRRR, fix-and-flip, and rental properties, but I’m curious about what’s working for you all right now.I know from talking to people that some have gotten into bad deals while using their own money, and I’m worried that using bank funding and ending up in a bad deal could make things even worse—not just for the investment but for the relationship with the bank as well.I’m just trying to make sure my clients use this funding in the right way, without getting themselves into a tough spot.

The extra 1050 a month definitely helped with the bank.

If so, I'd consider those options first as they fit in the infinite banking concept.

When you go to a Bank or Credit Union, they can only offer you what products that bank or credit union offer. 

Banks who offer construction financing tend to be 75-80% LTC and alternative/hard money lenders will sometimes offer higher LTC leverage than that.

We are only selling completed homes with our own in house financing currently at 3.75%, a huge discount from most bank rates.We are a long time property provider for some of the bigger podcasters: Real Estate Guys Radio, Marco Santorelli (Norada), Kathy Fetke (RWN) Jason Hartman ( Empowerd Investor) GRE (Keith Weinhold), Whitecoat Investor Group and more We also work with American Homes for Rent, Invitation Homes, Crescent, Haven Realty (JP Morgan) to name a few on the institutional side We are partially owned as of 2022 by Sumitomom Forestry, which means we have no bank debt and self fund all our building projects.

They also could have a mortgage that could not be satisfied by the price and in that instance, again the bank would not release it - so again stuck.