The latter is really a FHA product with all the inspection requirements, much more approvals and info (to even get the loan), required to use one General Contractor (properly licensed or registered as required by your state/locality), need to pay for inspector for each monetary draw (so either your contractor will work on credit or you need to float cash)That’s the quick points.

I’m leaning, through physically writing down my plans, to compartmentalize tasks and draw lines where goals and actions start to be ambiguous.

I represented primarily lenders so I’d see the financials on the deal when drawing up the financing documents.

When you want to make a draw, you generally need to pay for another inspector (not the building / plumbing/electrical inspector) to come out and see the work was done and properly before the bank sends money..The big issue with house hacking and hml is the occupation.

It's pretty common to "pop the top" in Denver: tear down the house and add a second or third floor where zoning allows.Appreciation is a much more common strategy in Denver: Colorado has a diverse economy that is resilient in the face of economic downturn and continues to draw newcomers attracted to the great quality of living!

When considering flipping with hard money I didn’t have enough cash up front to handle all rehab costs before a lender draw along with the monthly payment.

it came in from another area which was subsequently patched. the foundation has some slight cracks...the house inspector told me it wasn't serious, so i still went ahead with the deal. hopefully he was right :)

At this point, I'm considering either going the DBA route or formally changing the LLC name through a business amendment; the latter seems the cleanest, not very difficult, and I wouldn't have many too many additional subsequent changes (i.e. online domain names, marketing materials, etc) to make. 

Most of the lenders I personally know will want someone to put down 15-25% as you said, but will fund the rehab in draws.

Im sure weve all experienced the bulk discount, then the subsequent one disappears after you discounted the first.