Was pertaining to lots with structures existing or development potential.  

Lenders are allowed to have overlays, which are additional rules/guidelines/restrictions that HUD/FHA do not require, but there cannot be an overlay for a contractor license/registration if such a thing does not exist in the area where the property is located. 

With this in mind, let’s wash our hands, put on our facemasks, social distance, and get under the hood… Existing Home Sales.

Use existing funds, paired with investor funds to do next flip/buy and hold. 2.

It will take a bit more creativity or focus on different areas. the Antelope valley could hold potential but then you deal with other potential problems and less chance of grand appreciation.One great new method is utilizing an existing property and building an ADU to rent out.

Use existing funds, paired with investor funds to do next flip/buy and hold. 2.

The crisis is the reason they exist and making the crisis worse (without being blamed) drives their revenues higher and higher. 

I have previously used the product to purchase an existing duplex.

In the meantime we want to be taking advantage of the great rates for existing mortgages. 

Typically this means they will take longer to close, may not have all the information of the companies they work with, and most hard money brokers get their money by taking an existing product and adding extra points to pay their fee.