I am a project manager for a large concrete contractor.

Will be moving soon to a (annoyingly) HOCL area for career and to be closer to family.Based on career/projected income, was offered a 0% down, no PMI, owner-occupied option (Rate is ~4.8%) from a bank we have a relationship with.

Without breaking any rules is there anyone you would recommend that I could talk to especially with experience in BRRRR projects in the Fall River area?

I've had them do quite a few projects and have been very pleased.    

All in, we project to be at a total of $140k and according to Rentometer we think we can rent it out for north of $1800/month. 

@Brian Garrett it does sound like a good alternative to an HML the only thing I would be curious about is if you have $100k cash  I would assume the project would need to be 100% financed because if you spent any of your own money your limit would go down $5 for every $1 you spend. 

Not to mention, this project could take 6 months of time.  

He works a full time job so I would be in control of 100% of the project.

Stretch my Construction partner so much that he has no time for other projects?

The IRR Looks like this:So yes, you can do JUST a Cash on Cash Return (CoC Return) and get the same answer as a 10 year projected IRR as in the image above.Also, because you are using a 10 year projection schedule, you really VISUALIZE the Cash Flows.