We’ll cross that bridge when we come to it.

@Jon Holdman as usual, great post, but maybe the better question is whether to rent or own bc I dont think most people want to live w/ their parents or under a bridge.

Riviera Beach is rough overall unless you are on the east side of the Blue Heron bridge and actually on Riviera Beach.

Don't burn any bridges. 

Find real value for buyers and keep things on the up and up and you'll build trust instead of burn bridges. 

Hmmm...If you want more cheap housing then build more government housing.Or put more subsidies in place for lower income people to bridge the gap.Maybe, god forbid, offer concessions both ways.  

You will likely need some type of construction or bridge loan to get the property up and running then you can refinance out with a more traditional commercial loan.I would expect to have to come up with 25% down rather than 20%.

That's what I'm thinking is the really only option left, but I'm going to call the lender to see if that's also against their rules since I don't want to burn any bridges this early in the game.It's unfortunate since they're only 4k off my goal, and it seems silly to lose this deal over 4k...

It seems like a real smart idea though but I don't want to burn any bridges with a potentially good GC.

Bridge lenders will lend on the ARV but will obviously be more expensive than the bank.Good luck.