I'm happy to repost here as I receive updates and if people don't want this then I'm also happy not to post, below is today's update from tbwsratealert.comWhat happened yesterday?

Since I've posted I've emailed the lender and I am now awaiting her response.

8 years later, I found this post very helpful.

To allow that money to go to waste would be a shame and would likely cement in stone that I would not go any further than reading or posting.To summarize this post, challenges can either be your motivation or your demise.

@Aaron Brown Thanks for the great post!

Good morning, first time poster, please forgive if I bypassed any steps before posting. 

Plan on 65% LTC, at least one sponsor/borrower that has done a similar project in the past in terms of scope and dollar amount (inclusive of if you add a new partner willing to share in the risk/reward), 10% post-close liquidity (can't use loan proceeds to check this box), net worth equal to or greater than the requested loan amount not including subject property in net worth calculation (adding the other sponsor/borrower can fix this, too).

There is a rent estimator at the bottom of these very post.

All the blog posts were posted on the same day, April 26th. 

I can put down up to 100k, maybe even more and I can qualify for traditional financing.I note in your post that you never mention how much you can get for rent in the markets you've explored thus far.