That being said, these will also have the strictest underwrites, including credit, DTI, and asset requirements. 

Brand new REI here and I am looking to acquire my first house hack.

I’m not a fan of including utilities as you encourage tenant waste and your property appears to be more expensive than the comps. 

The max qualifying DTI is 48.99% which includes your housing expense and all other debts on your credit report.

After my generous employee discount, asking prices are lower than most (if not all) resale prices in this area.Understanding that BRRRR homes should be "distressed" so that the flip adds value, my question is:How can you "add value" on brand new homes?

I'm happy to talk about the greater Phila market (including suburbs).

Most lenders...us included...treat the flip/rehab/bridge loan and the permanent financing such as a DSCR loan separate financing facilities.

cloa...Note should include a provision similar to the following:FOR VALUE RECEIVED, I, [Borrower name] (hereinafter known as “Borrower”), promise to pay to the order of [Trustee/trust, payment address] (hereinafter known as “Lender”) the sum of Fifty-Two Thousand and 00/100 Dollars ($52,000.00), with interest from the date hereof until paid at the rate of Six percent (6%) per annum on the unpaid balance, payable as follows: Commencing on April 1, 2024, and continuing on the 1st day of each and every month thereafter principal and interest payments of $577.31, with the entire remaining unpaid balance of principal and interest, if not sooner paid, being due and payable in full on or before March 1, 2034 (the "maturity date").Record a first priority security instrument (mortgage or deed of trust).

Sometimes that could also include providing a "certified pad" that the future building will be built on. 

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.