One of my wholesale lenders used to be willing to finance these, I can't remember the CLTV requirement of the top.

During this renovation period would you, as the lender, want an Actual Cash Value or Full Repair Cost policy in place?

Reach out to GC's, realtors, PM's, and lenders who know the area.

You can also search Google and read reviews.

It's a good time to review markets, but living in China there are a lot of other closer, international markets that could be options as well.

About two weeks later, the appraisal came back with a value that was off by approximately 35%, leading the lender to reject the loan.I contacted the lender to explain why I believed the appraisal was flawed.

Yes, I'm a lender, but we have an arm that's been investing for close to 20 years now.

We are direct lenders, meaning we lend our own money, for flips within approximately 1½ hours of our home.We walk through every property to avoid surprises and to confirm the rehab estimate.

Lau, generally if you are financing with a commercial lender- we lend for business purpose only and a rental property would fall under that category.

A couple questions:1) Has anyone worked with local lenders like a local bank or credit union?