Originally posted by @Dan McDermott:Hey!

The banks you are speaking with either do not originate conventional loans or the LO simply does not know how to originate them.  

You are 100% financed on the new property and close to 90% on the original property.

We did a 100% gut/rehab on a 1950's house in 2018 and converted it to a duplex, turned out beautiful, salvaged the original wood floors in parts of the house, put good LVP in the rest, simple plastic mini blinds on every window.

I did see it and scheduled the sprinkler installation but heard they are now requiring additional improvements that weren't originally discussed like multiple egresses, changes to pool room doors etc.   

They end up dumping more money into a sinking deal in hopes they can save their original investment.I think it's important to look at the quality of the syndicator.

First thing to consider is what was the original foundation design and can it hold a second story to a home.

Originally the bank offered 5, I asked for 10.  

Cause you don't want to tell the original seller how much profit you're making?

Originally posted by @Drew Sygit:100% agree with @Jay Hinrichs!