In a conversation I had with a loan agent, it was made clear that the borrower must have NO negative credit.

So if you don't have a specific property under contract, one or two conversations might be the upper end of the number of times they are willing to discuss it, without there being an actual possible deal on the table.You may find that once you have an actual contract, the same lender who was willing to do what you wanted but stopped communicating, will once again reply to your emails.

I have heard on podcasts that pay per click and bandits signs have a very good lead conversion ratio.

@Mike Baker - welcome and congrats on joining the conversation.

I dropped my new neighbor an colleague request and started up a conversation.

I have it configured this way because statistically speaking, according to past industry "market testing" you get more conversions when you force signups.

If you haven't yet- be sure to setup some "Keyword Alerts" to get into conversation in your target area.Seeya around!

Conversely, Reg A is the SEC equivalent of a blank check for the most part, but can take up to a year to get processed.Find these folks, and let them do your heavy lifting for you.

@Jim Herbst , @Stephen Underhill , @Aaron Junck , @Bryan H, As @Wayne Brooks said and I will confirm:It is an addition to your actual basis; however, as of the date of conversion to a rental it is recomputed as the lower of your actual basis or Fair Market Value.As long as you lived there at least two full years.

So likely payment would happen just before start of construction.I have recruited a builder friend of mine to partner with, but Seattle is not his primary building area and SFH are more his specialty but he has done multiple townhome projects and a few apartments.I have found two private lenders willing to cover 100% costs of the following two options:Build 12000 square feet worth of town homes (seattle uses this floor to area ratio to determine building size , for townhomes the conversion is 1.2 build-able feet per lot square foot.