Most lenders will vary how aggressive they will get based on the experience of the operator (you), but I don't know any that will lender to someone who's never done a spec build like you're contemplating.

Has anyone had a similar experience?

Let us know if you end up purchasing any through action and how that experience goes

I started at age 20, dead broke with no experience but hungry with lots of time on my hands. 

Those chasing the last 5yrs experience are going to be rather sad at what the next 5yrs hold for them I think.

I manage around 400 rentals with 14 years of experience and have never been sued once.

Hey all,Does anyone have any personal experience with First Savings Bank and their 1st lien HELOC?  

From experience, finding a knowledgeable accountant is key for handling taxes effectively, especially when splitting expenses, claiming deductions, and managing depreciation.

In my experience, tenants that remain in place for 5+ years are almost always behind market rates.

The investors with the most units and most experience could just as likely be in flip flops and a Jimmy Buffett shirt as jeans and a polo.