Quote from @Steve Wilson: New to BP, anticipate buying my first rental property in teh next 3-4 months and hoping to solicit recommendations for home insurance in the Detroit/SE Michigan area.

Quote from @Chad Emerson: @Jaycee Greene Yes, the stabilized ARV is projected around 825k, though we anticipate a refinance valuation closer to 950k–980k once renovations are complete and rents stabilize.

Don't look now but the FED meets tomorrow and is highly anticipated to reduce the FED Funds rate further by .25%Most Mortgage lenders have already priced this adjustment into scenarios which is why mortgage rates hit the lowest point of 2025 last week. 

There are some instances where it makes sense to invest in other avenues if the you can anticipate higher returns.

Markets are now betting on another 0.25% Fed rate cut next week, and mortgage rates are already drifting down in anticipation.👉 Why it matters: Lower inflation means less pressure on rates — and that can help more buyers qualify, reopen stalled deals, and boost fall and winter activity for agents.🏡 September Existing Home Sales Tick HigherExisting home closings rose 1.5% from August and 4.1% year-over-year, according to the National Association of REALTORS®.

We have monthly budget update meetings and every quarter we review where we anticipated vs. where we are at.

Find out where in build phase it is, anticipated schedule, and sort out the variables on how that could change and what-to. 

It kind of depends on why the HML said 'no'.I've found that many programs will say 'no' for any number of reasons that you might not be able to anticipate.

There are also construction loans that capitalize interest reserves into the loan meaning your equity contribution is only 20% in many cases of the anticipated interest charges throughout the project.

Even minor policy shifts can have big effects on the economy, markets, and investments, which makes this one of the riskiest variables to anticipate.