Alternatively, DSCR loans offer long-term financing with lower rates, but they come with more complex requirements.

They did reach out and wanted a second builders deposit 3 days before xmas, 2023,  and that was the first real contact I had with them over that year long time period. 

From sourcing turnkey rental properties to finding long-term residents, and comprehensive property management, our expert team offers a full-service solution for a truly stress-free investing experience.

20% down is available, 25% down will bring significantly better terms in a lot of cases. 

@Matt SchreiberI bought my one and only short-term rental (STR) in North Myrtle Beach in February 2024.

Just in case.Ultimately whatever correlates with your future plans but a solid way to build long term wealth.

Many older homes were built without closets.From appraisal today:"The Code refers to "habitable rooms" not bedroomsThe essence of the 2015 International Residential Code is that the code does not specifically use the term bedroom, but refers to all habit- able areas of a home.

thanks for the guidance @Kaushik Sarkar Since it's development it will take longer to get to the exit. 3 years could be right depending on the market, if the project requires entitlements, how long it takes for permits, no major utility obstacles, etc.

Long Term non-paying Tenants.

., short-term rental, mid-term rental)?