Like others mentioned a 650 credit score will get you horrifying terms. 4.

This is part of the reason that we (our clients) have few properties well south of HWY 160.Infrastructure will be a long term issue.

We could take the money and apply some of it towards our personal residence to reduce the time required on the loan but there would still be a sizable amount of loan so it really wouldn't make a huge difference in terms of the length of the loan...not a great idea.  2).

And advice is appreciated.Hi James,If you no longer reside on the property, it might qualify for a ground-up construction private loan for non- owner occupied properties. 

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

I prefer a HELOC to a loan. 

Essentially, a shorter term allows them to pay off their debt more quickly.

Everyone seems to use email and will describe things in their own terms.

I’m interested in doing long term rentals using the BRRRR strategy, but curious to learn what others are doing.

The market is getting squeezed a bit, alot of loans are coming due in a few months in the multifamily market so im expecting to see alot of units hit the market when they cant get another loan and cashflow them.