I'm no appraiser but have plenty of fix and flips as well as new construction but IMO, it will be existing home. 

They are trusting in the potential value of the "Hard" Asset.

I am a fellow house hacker and think it's the best way to get into the game if your circumstances allow it!

@Tyler DavisWell....there is a lot happening in Nashville at the moment.The biggest talking point for the better half of the year has been the new Titans stadium and the East bank.

Purchase price: $125,000 Cash invested: $50,000 I am currently looking for properties for a newly formed non-profit group that wants to supply affordable housing for disabled veterans in the San Antonio, TX, area.We are looking for SFH, Dups, Trips, or Quads to rehab and meet ADA standards for hold rentals for the disabled veteran community in SA.If you know of anyone looking to sell a property that might fit our criteria please reach out and give us some support for the disabled veterans community in SA.

Would appreciate referrals as well as any general insights about the market, neighborhoods, etc.  

I don’t know much about the Australian market, but your curiosity and drive to learn are inspiring.

Quote from @Jay Martin: Has anyone heard of or used Bluebird lending they have dscr loans, etc. opened in 2018 in Philly, lend in a bunch of states, but hard to find info on them. have not heard of them but based on the website appear legit.

@Marc ShinI recommend finding local meetups to attend. https://www.biggerpockets.com/forums/521I have found all of my best BRRRR connections at local meetups.

The REFINANCE part of the BRRRR strategy is broken with changes that Fannie/Freddie made to their cash out refi policies end of last year.