@Daniel Baker I would say a lot of it is based on their training or their resources that they utilize to complete your taxes.

ABL, which is the basis for HML/fix and flip lending, will have different criteria and different focuses than multi-year loans based on cashflow and borrower credit score (long term mortgages).

We go through Tilton, Thomas and Morgan, which is based here in Missouri. 

As to your point about confusion in the future, it's our policy to leave the conversation and thread open and available for anyone to read, they can gather all of the information and make an informed decision for themselves based on ALL the information provided.

I’m part of the Rob Lawrence Team, an investor-focused real estate team based in South Eastern PA.

Since you’re based in NY, Detroit is just a short flight away, making it feasible to visit and get a feel for the market and the team you’d be working with.That said, I’ve worked with plenty of investors who have never actually visited and still built successful portfolios—it really comes down to having the right boots on the ground.

In my flips I want to make sure permits are pulled and everything is above board on my flips...would there be pushback against my thinking based on your experience with this?

Take time to learn through military-focused resources like Military House Hacking or Active Duty Passive Income, and connect with other military investors online or on base.

Sounds like you are going with a Fannie/Freddie type loan based on the cap of 2%.  

Forgot one detail the new California based lender committed to funding as long as the property isn't in an evacuation warning area.