I plan to put two duplexes on the property but with this high appraisal is there a smarter thing to do to pull that money out of it or just use it for better collateral for the construction loan most banks will lend on the transfer price within a seasoning period. we face the same issues for land entitlement and development.

I'm scratching my head because I feel like the program, least locally here in San Antonio, TX, tells all the landlords to put our listings there, but the tenants don't look there.

If you just need a GC let me know

Just curious if there is a thread on here anywhere that someone could link to that has bunch of fully underwritten deals by experienced investors?

Night Before the Exam dot com is a good state study test if they have it for your state.To be clear though, the majority of what you learn in the class is not used by residential real estate agents in practice.

@Abu S Syed What Questions do you have about DSCR mortgage loans?

Hi Sasa, glad to have you as a part of this awesome community!

The investors will be LPs, also want equal equity stakes down the line, even with less or minimal initial investment upfront and wanted to see if anyone has selling / talking points to justify that position. 

Send me a message if you want my agents name. 

Your best bet at this point is to get together with an architect and see what your options are.