It varies, but when retainage exists that will drive up the cash to continue to advance the project because borrower won't be receiving draw releases equal to their outlay. 

That would be best option as a traditional bank wouldn’t do this I read that I can assume the existing mortgage.

So you're going to have to do some research on the existing towns you're looking at to see where it's allowed and where it's not allowed.

This approach undermines the trust that should exist in a lending relationship.

At the same time, little to no relief exists for rental owners.

I don't think you can go wrong with any of these 3:REI NationJWBSpartan InvestThey have all stood the test of time and I if i ever win the powerball, I'll "throw" money and own 10 properties with each of them lol 💰I'd recommend myself but my A$$ is still sore from working with investors so we aren't taking on any new business and are just working with our existing investor base

There are a lot of other issues, but for you as the owner, the main one is usually do you have to have the current tenants out to build (no income) on to the existing property or are you going to do a knockdown new build?

Additionally, we are digging into BLS data to compare already existing data.

Looking for guidance on options. new builds aren't hard to finance and I would argue they are preferred to existing fix and flip loans, especially if you have experience. banks look at your experience, your builder's experience, loan structure, permits, etc you need to get an experienced builder familiar with advanced underwriting and negotiations with local, regional, and national lenders. in columbus we do ground up construction for clients at a 20% discount so they can BRRRR out of the new build with equity and we have pages and pages of data on what we build and why and it's all supported by market statistics. 

I didn't think mortgages notes with "anniversary only" lump-sum payments still existed.