@Shayla RogersMost HML will not do a traditional pre-approval. 

Hard money lenders are easy to work with and quick to issue payment etc but the drawback is that they are more expensive as a traditional bank.Renovations and scope of workThis was a full gut rehab.

Spend a day in each area and drive around to learn the areas, the local traditions etc.  

I'd rather have as little of my own money in a deal as possible, so if my only choices were 20% or 25%, I'd choose 20%, but honestly, I try to find ways to keep all my money out of the deal, period.I'll borrow so I can offer cash on a property and get it at a cheaper price so that when I refinance, even though they keep "25%" equity in the house, the refinance is on a higher value than what I paid.

Have consultants to assist but just looking for a financing solution through the build portion that upon completion the loan would be rolled into a traditional 30 yr mortgage or VA loan.

I feel like I am making the right mental choices but its hard not to believe I am overthinking things.Has anyone else felt like they have analysis paralysis? 

Hello,I recently did a 203k BRRR and have just finished refinancing not too long ago for a duplex in RI (now holding a traditional mortgage with 20% equity).

@ChristianWeber I see you have 3 choices: 1-Accept as is and eat it(not recommended)2-Walk away and learn to spot some of the issues before you pay for an inspection. 3-Ask for cash back at closing to cover things in report, start around $15k-$17k looking at your numbers.

Traditional has nice terms and long term security, much easier to finance individually if you ever think you might want to sell one of the properties for any reason because it's time consuming and expensive to separate it later. 

Just trying to throw a non traditional idea out there.