@Timothy Frazier  This will be tough as the HML will want a 1st position loan, but so will the other lender providing the rest of the funds. 

Quote from @Mikal Toliver: It’s an exciting time go learn, understand, and practice real estate estate investing.

Unsure about STR regulations in Charleston but I would advise you to search "arbitrage" on this forum and read up on the hundreds of pros and cons responses here before diving in to any market using the arbitrage model.

Quote from @Alex Moazeni: You are making the common mistake of allowing a tenant to push you around.This is your property.

@Jon Ankenbauer you won't be able to keep the land separate from any future construction loan.

Quote from @Kathy Kifer: I'm so glad I stumbled across this today.

The input you are receiving from this wholesaler is garbage. 

Quote from @Spencer Thomas: Quote from @Dominic Mazzarella: Quote from @Spencer Thomas: View report*This link comes directly from our calculators, based on information input by the member who posted.What do you all think of the deal and how I analyze it? 

RBTR is his primary strategy in DFW and can probably share a few tips/recommendations with you. 

This will put you more in line with the market.