Thank you all in advance! 

Quote from @Azita Nejaddehghan: Young adult, working in health care, living in Virginia (just outside of DC).

Thanks in advance!

Thanks in advance!

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. 

Thanks in advance!

Many who want to scale  fail to take this into consideration,  take on too many projects at once, have no capital to advance the construction and ultimately get stuck in mud unable to advance any of their projects.

I edge my odds by not allowing 1) last minute check-ins (must be at least 2 days in advance) 2) No 1 night stays (eliminates partiers) 3) Must have previous good reviews.These will vette 99% of your guests adequately....

(in terms of pros and cons).You can also use rentals to provide additional borrowing power if your rental currently cashflows from a tax perspective.Hopefully that helps your scenario advance forward in terms of what to ask and think about.

THANKS in advance!