Feel free to reach out with any additional questions you have as I am happy to schedule a follow up call at any point in time. 

Feel free to reach out if you'd like additional information about Winston-Salem and the investment opportunities it offers!

I would think of this problem differently: I might encourage them to explore ADUs... this would give them an additional stream of income and would likely only require a relatively small chunk of money in their savings (relative to the total cost).If they could partner with someone that has experience building and/or flipping (to qualify for the construction loan), then cash them out with a 30-yr DSCR loan (and use that as the builder's profit), then they could rent the property and enjoy the cash-flow.

I have a couple additional questions in regard to this topic.Background: LLC1 and LLC2 hold a property as TIC with the intent to Flip it. 

Additionally, cash flow can easily disappear if you need to repair a roof or HVAC system.

There were hand-built, wood-framed, walls in two of the units creating pseudo-bedrooms for the additional occupants.

They're usually fine getting 2 draws throughout the construction project and it just costs me an additional few hundred dollars in fees.

Additionally, any tips or advice from those who have navigated similar situations would be invaluable to me at this stage.Thank you all in advance for your assistance and insights!

I have not yet explored those options and will check them out.

Additionally, over the years I have re-financed over 10 properties with local banks.