I have a friend in that business who would be using his own money and charging at his cost.Yes, my goal is to put $835K as my long term down payment and finance the rest so about $630K loan amount.

I own a brokerage in Boston and have lived in St Pete, FL the last 8 years.  

So, I am allowed to do the 150’ expansion, as long as it accommodates ingress/egress.  

At least in my state, I have recourse if the property is not delivered in the same condition as long as you have a solid contract in place. 

Hi all, I've been a member for a while but I have not been able to focus on real estate investing as I've had to tend to my other 2 businesses the last few years. 

I'm looking to shift my focus from the long game of rental appreciation to the BRRR method.

Lastly, we own our current home.

First unit lease is up for renewal on 10/31/2024 and has a good long term tenant.

There are a whole lot of factors and differences among the options, even among lenders that fall under the "private lending" umbrellaSharing an article published last year that maybe can help and provide some more insights:https://www.biggerpockets.com/blog/dscr-loans-terms-to-know

However, it takes a long time to pay off this property and forces me to accumulate much more interest over time.