Purchase and rehab properties will have a similar reduction, but as long as you have experience within the US, you should still be able to get some pretty good terms.

I'm closing on a 74k sq ft (5 warehouses) Class B Industrial facility this week.  This is the largest Adaptive Reuse project that I've taken on.  Each of the 5 warehouses on this campus will require updates (construct...

@Aubrey Eblin Thank you very much for sharing your experience with the Rent To Retirement Academy. 

I can say my personal experience has been pretty mediocre.

The other option is to find a partner with some experience and use that on the loan.

You Get Experience"When the man with experience meets the man with money, the man with experience leaves with the money, and the man with the money leaves with an experience."

You'll want to ask about their experience, read reviews, understand their availability, pricing, insurance / bonding, and how they safeguard their funds. 

Not sure if they have upgraded to desktop appraisals but if they are still doing in person appraisals , make sure you get everything (scope of work, good faith deposit, social, LLC docs, insurance, proof of prior experience, financial statements) in ASAP.

Building a portfolio allows you to gain experience, develop systems, develop your own approach to managing properties etc.

I'm happy to share my experience with this market if you'd like to message me to set-up a call.