And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

Hi Dean - we had access to a DSCR product until a couple weeks ago - it's currently paused, per my conversation with one of the loan brokers I work with. 

Beyond the bedrock issue, soil conditions can be costly if the property has problematic soils such as too much silt, deep topsoil, or extensive wetlands.You'll also want to know what ordinances are going to affect your budget - things like tap fees, tree ordinances, storm water retention policies, etc.Bottom line is that you have to investigate ordinances, off-site conditions, and on-site conditions before you can even begin to budget your development.

I think this is the method I would like to go as it fits in line with what I envisioned. 

What is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

Dig into reverse mortgages before pulling the trigger on anything, specifically HECM's (FHA product).

Quote from @Matthew Beninate: Quote from @Sarita Scherpereel: Quote from @Seo Hui Han: You may want to consider local banks / credit unions just because many of them will require or give you more favorable terms for things like HELOC's and other line of credit products if you have a deposit account with them. 

And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?