I utilize these products but more for commercial multifamily where they build in an interest only period, 30 year amortization schedule, and the bank funds as much as 100% of the construction costs.

If you want to connect feel free to send me a message and I'll send you a detailed list of what info I would need to get some terms put together on this for you! 

One of the benefits of new builds is that they tend to attract tenants who are looking for a fresh start and a place to settle down, which can help reduce the kind of headaches you’re dealing with now.If you’re ever considering expanding your portfolio or want to explore other opportunities in Indy, feel free to reach out.

If you already have a preliminary site layout showing the size and quantity of buildings you can put on the lot, you should be able to take that work on some budget construction costs and from there work your possible rents into the equation to see if what you have drawn makes sense cost wise, or if there is a more efficient way to lay the site out and reduce costs. 

Adding 5th unit is likely to cost much more than value added due to worse finance options available.  

Feel free to reach out if you have any house hacking questions.

Feel free to connect if you need any advice and best of luck!

Most lenders, including us, consider both ARV and Cost.

While the cost of a system like this is high, I find it appealing to have all keyless entry to the building and units.

I'd like to free up some cash so that I'm ready to close on the next great real estate deal that I track down.