Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

If you are looking for a hard money loan for a rehab project, let me know.

I would also recommend talking it over with a RE professional in your area to make sure the comps for profit are accurate because it could swing a lot with different profit projections. 

Basically just putting a step in the middle of a disallowed transaction that is really only there with no actual profit/business/clean motive except tax avoidance...is not valid. 

$120K is a lot of money to basically rent for cheap. 

Not overpaying and getting great terms 3. multiple bids/ quotes 4. project management. 

Give them the projected return, but also be honest about possible downsides.2.

@Kristin Vegas what ROI do you project to obtain on the MFR?

This property also launched my short-term rental journey, running our first Airbnb before transitioning it to a steady cash-flowing rental, allowing us to scale into bigger projects.

At the end of the day; you need more money to do something like this.MAX LTV on new builds is 80% LTC, Meaning if the build is $550,000 and Land is XAdd ($550,000 + x ) * .8 = LOAN AMOUNTYou would need to come in with MINIMUM 20% of the cost in addition to closing costs and reserves, $80,000 is not going to cut it for this project.