In 2021 we bought several 4plexes that cashflowed easily at 25% down.  

Have supplied washer/dryer if kicking that in is all it takes to win what I think is a solid tenant.  

I've closed loans after 90 days before.4) The Lending terms is not where you will win or lose Caleb and whoever else is out there wanting to start out and are a little tentative and nervous and unsure. 

You could easily get 75-80% LTC on the cabin build meaning you'd need about $200,000-$250,000 CASH, to complete the project.Take 200k out of the FL house, build, rent, refi & payoff the FL property again would be my best bet about going about it.

Sellers realize that offering the BAC means that their property will be more easily marketable to the highest number of buyers and have the best chance of fetching the highest price, that's why they choose to offer BAC. 

I would also recommend doing your due diligence on the new lender, and make sure they are not just a salesy loan officer trying to win you over with term sheets that don't exist... 

He probably could take you to small claims court and win.  

You will need to factor in rehab costs, which could easily eat up another $50-75k depending on the condition.

I could very easily rent the property again but my plan was to sell it and use that cash for the next investment.  

Partnering with Billy Medlen, we saw the opportunity to create a win-win situation by transforming the property and delivering a strong profit.