It's either a 2/1 with two large living spaces or a 3/1 with one large bedroom, two decent size bedrooms, and one living space. 

Homes of similar condition and size appraise for up to $50,000 in that area, in the current market.

(broker won't disclose, want's to see proof of funds)_____________________________My Questions:Should I have even bothered with posting this due to the unit sizes?

I was thinking the only way anyone is going to get a bridge loan of that size for those type of assets is maybe an FHA type loan were the GOVMIT is semi forced into these areas.. for free market investment bankers I can see them thinking the risk is simply to great.. a project that size could never get off the ground as they rehab some units they get broken into and trashed before they finish the place.My friend used his cash to buy the one I mentioned.. and promptly lost 500k... 

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There would be (again, depending on purchase price) be no PMI with your down payment size as a % base ‘offset’ to the loan size and you might be able to take a smaller ‘as it’ property and use these borrowed funds for rehabbing to more of your end user needs.

My experience, you'll get quotes from $165psf-$210psf depending on the area, size, conversion or ground up etc. 

I believe they put in a FAR (floor area ratio) which limits the size of the home on the lot.

Like people, they come in all shapes & sizes.

BP has already had a big impact on me recently, especially regarding my decision with the FB mastery program but I wont get into the details of that here.I am looking forward to beginning real estate investing as a business through wholesaling and flipping with the goal of increasing the frequency and project size until passive income properties can enter the picture.