I’ve had a couple of clients in both Austin and Scottsdale who’ve looked into similar options, and the truth is, it’s one of those niche areas where the institution you choose can make a big difference.

My only backup plan if I can't get verified funds is to assume the worst and to drop my counter offer even lower than my original due to the risk I would be taking on, and then when I do my in person inspection try and guess what rents are fair market for the empty units, and ask as many tenants as I can what they pay in rents monthly.

These have been effective across both multifamily and single-family homes, and I thought they might spark some good conversation!

And hopefully save enough money to start buying rentals. 

Typically his projects have been privately funded and smaller than this one.

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

Eventually we plan to rent the ADU for Medium or Long Term rental, and not sure if DSCR loan will qualify for such an arrangement.

So, do the math, spread out the risk, and you’ll be solid.PS: I own 30 properties and manage 300.

Hello, my name is Maurizio and I'm new to biggerpockets.Happy to be here and learn more!

I find as I finance BRRR folks and flippers over the years their estimated profits are normally very high and based on perfection..