As a fellow investor and a former insurance agent (many moons ago when I was young and foolish lol) I can shed some light on the subject.

The city is revitalizing the street with a new expanded and beautified road (palm trees, lights ect), and several old buildings are coming down and being replaced with new shops/restaurants.

Have consultants to assist but just looking for a financing solution through the build portion that upon completion the loan would be rolled into a traditional 30 yr mortgage or VA loan.

.$10 per ft= light renovations$20 per ft= medium renovation$30 per ft= Heavy RenovationsWhat is an A-B contract?

Hello,I recently did a 203k BRRR and have just finished refinancing not too long ago for a duplex in RI (now holding a traditional mortgage with 20% equity).

On the exterior, removed all the overgrown bushes from the front and back, cut 2 small trees in front, planted some sod, power wash exterior of the house, and added mulch and solar lights.

The property could use some light renovations so ideally the tenants will move out so the investor can put some work in and add some value.

Traditional has nice terms and long term security, much easier to finance individually if you ever think you might want to sell one of the properties for any reason because it's time consuming and expensive to separate it later. 

Purchase price: $729,000 Cash invested: $250,000 Sale price: $1,550,000 We performed the following renovations prior to selling the house:-Converted an open dining room into a 4th bedroom creating 2 closets and french doors-Renovated the kitchen and master bathroom including moving water lines and venting-Installed a beam creating an open archway-Covered the fireplace and installed custom cabinets in the living room-Built a patio with pavers and a pergola-Removed concrete patio and installed sod-Installed can lighting -Carpentry -Paint

Purchase price: $505,000 Cash invested: $125,000 Sale price: $550,000 Performed the following renovations:-Roof replacement-Converted doorway into an open archway-Kitchen replacement including flooring and moving and running water lines-Converted window into a patio door with patio steps-Lighting & electrical panel and fixtures-Painting exterior / interior-New Gutters-Carpentry-Landscaping