All help is appreciatedThank you  check permit pulls on your city and how much the build cost is per square foot. email your plans out to the builders, to site walk.

Providing advice without understanding the full scope of your business and its operational plans could result in inaccurate guidance.As a hard money lender, I provide financing options for both DSCR and fix-and-flip loans.

Also in my city, I look at city development plans, new Mc Donalds, Taco Bell or Hospitals opening in the D neighborhoods.

The BRRRR method requires careful planning, thorough research, and sound financial judgment.

If you have already coordinated a meeting and are planning to have some more I'd love to attend a session and learn a little from the professionals in the area!

If you plan to keep the property for a long time, consider adding higher prepayment penalties to reduce the rate. 

You can then use Transactional Funding if you choose, otherwise if you planned to buy the land then sell it later, you'd have to get a different loan type, which inevitably will cost you more plus longer hold time and greater costs over the double close and certainly over an assignment of contract.

As I plan on spending some time there in short spurts with the family throughout the year as well.

The big repairs you just plan for.

Backup plan is to maybe call a couple of the cost seg companies here and ask one of their analyst.