With comps ranging from $875K-$1M and your estimated build cost at $550K, the after-completion value gives you a significant equity cushion, making this project highly attractive to lenders.If you plan to hold and rent the property, you could refinance into a DSCR loan after construction, which bases lending on rental income rather than personal income.

So you went based on pricing.3.

It looks like Kevin's and my markets vary. 

For this strategy you would distribute the property to partners based on their ownership share, dissolve the LLC and then partners collectively sell the property.

I know of several DSCR and portfolio lenders who offer different terms based upon your situation.

.- Military Presence: With U.S. military bases across Germany, local banks are accustomed to assisting service members with financing.How to Qualify1.

Down payment of $13K including reserves sounds pretty low to me . ( Based on Maryland )

Onslow County is home of Camp LeJeune (Marine base) so there is always a big need for more LTR rentals.

. - For Private Lenders:- Vet investors based on their experience, reputation, and past performance. - Clearly define the terms of the partnership to avoid misunderstandings. - For Both Parties: - Use legal agreements to outline roles, responsibilities, and profit-sharing. - Communicate openly and regularly to build trust.

@Gene D StephensAdverse possession laws vary by state.