Likely an FHA loan.

With my home now valued at $1.35 million, this could translate to $1 million.With the $1 million, I:Cancel the construction loan ($600,000)Get back initial land investment ($200,000)Reimburse the interest paid on the loan ($60,000)Plus,  I'll have an extra $140,000 .In essence, I not only recover my entire investment but I also put some money in my pocket.But the story doesn't end there.

Legal entities aren't qualified for conforming residential loans.

Let's say $350K, 50K down, seller financing at 6% IR with a 5 year balloon.Let's say I start to shop around and to transition from seller financing to traditional financing because I found a 5% IR, I am essentially refinancing and putting the loan on the books.

OR you can take a smaller loan and leave more money in the deal to increase your cash flow due to the lower mortgage payment.How do you guys navigate this?

Typically, how much value will the HVAC and ductwork improvement add to the appraisal amount later? 

Anyone has experience with this loan?

This is my first time hearing about DSCR loans.

I just did three loans up in the Jasper/Big Canoe area near you and we have a real estate investment arm that has JV'd a lot over the past decade+.

There you will be asked your criteria and then after answering a few questions you will be matched with 3-5 agents or loan officers in your area.