There's no one size fits all of course, but generally the STR/MTR/LTR mix in a multi-family unit can be challenging because the way renters utilize these properties is so different.

They manage a ton rentals.  

The best thing to do here is utilize what's called a DSCR loan.

I've got a property under contractPurchase price $78K out the door (I have cash to close) Intent: build on the property which already has a functioning well, septic, and needs PGE installed Total buildout on the property utilities: $128K including the original land purchase price.

Also, right now we are utilizing FB but we may change this next year to a platform outside of FB for better interaction and more security.

Seeing as they have full utilities and stick built, they should be categorized as real property and have good value for their size.

Tenants may not occupy residence without utility service except during brief interruptions beyond your control.

@Robby SanchezBridge loans are short term and if they default or mature in many instances the interest rate doubles - so make sure you have a very solid exit planI see many get a bridge loan and realize they don’t have the 25% equity in the deal to refinance to another loan and end up getting wiped or foreclosed on because they never researched what they needed to be at on the back end when they were refinancing.

Now I've got a property under contract:$78K purchase$35K in development of utilities.$24K in soft costs (permits impact fees etc)$200K (or less) buildout of the house (size tbd on after-build-appraisal) Likely going with 2/2 A frame 1000 sf.

However, in my state utility shutoffs are not allowed in winter and that gets people confused sometimes. 4.