They also didn't believe in the 1 year seasoning rule(The property has to be rented for one year) that a number of other lenders hold as policy.

You will have to let the borrowed money season in your bank acct for a few months most likely.

I feel more confident and prepared now since joining BP.I'm a software developer by trade but have many a hobby and skills. 

This was a hotel that was converted to individual ownership condo's.The developer did very well with it, and sold them all in a year

My understanding is that with this "delayed financing," you can get the loan inside of the usual 6-month seasoning period that you'd see with a conventional refi.

I’ve been flipping/developing for 6 years in the Minneapolis area.

I'm developing a direct marketing campaign targeted at eviction filings in the El Paso area.

I've actually been promoted at work to include Business Development and have been put in charge of marketing.

Scenario: 2 deeded properties that abut one another that share a driveway with a 14 car parking lot (the parking lot is split in the middle, but the driveway is now considered a right of way.)  8 - units, can rent seasonally as it's located in a tourist town for beach rentals. 

@Hadar Orkibi, Hi,  You need to factor in the Seasoning of 6 months into your calculations.