The Insurance company was pretty easy the adjuster came out soon after the fire.

Have you thoroughly gone through the numbers with a loan officer and tried to adjust things to see if there's anything else you can do to qualify?

I am managing some properties in Utah and an owner across the way from us(identical 4-plex) has added bedrooms to each unit and is getting additional income.

Thank you as always for your thoughts Adjust your plan of attack man.

The interest rate choices are:* 3 year adjustable 5.99% and a 5.99% floor (based on Wall Street Journal prime rate + 0.49%) Payment will be aprox $5055/month* 5 year adjustable 6.25% and a 6.25% floor (based on Wall Street Journal prime rate + 0.75%) Payment will be aprox $5160/month* Accrued interest will need to be paid at closing on the construction loan, if no changes $3011.63 as of 5/31/19(this would increase if the $10,500 of undisbursed funds are disbursed.)

I hired a home inspector about 2 months in to get their take and made adjustments. 

My bank got me approved for WSJP+2.00 (7.50% fixed) for 3 years, rate adjusting every 3 years to the current WSJP plus 2%.

The parts that really require face-to-face interaction are:Technology-challenged clients.When *I* need to verify identity or competency of parties I'm dealing with.Certain parts of litigation.If a client simply must see my face.Most drafting and doc review, I do this remotely through email, scanning, shared folders and docs on my practice management system, telephone, and web-meetings.Texas is larger than most European countries. 

You just have to adjust your numbers.

This converted to a non financed cap rate of about 8% at closing, then with some swift expense adjustments brought that up to about 11%.