Hi folks,My wife and I have a construction to permanent mortgage loan on land+home where we intended to build.Unfortunately, we found out that unexpected foundation work due to soft soil would likely make the project use triple our contingency reserve before even breaking ground.We are exploring our options on how to transfer our current financial obligations for this construction loan to some other loan offering (as moving forward with the project is now too financially risky).

Foundation check and soil conditions 2.

You may need some other consultants, like geotech engineer (soils report), site lighting engineer, etc. 

Every Google answer I found was it shouldn’t be done because it can contaminate the soils and groundwater.

E.g. fire rated construction requirements on main homes, survey & soils reports, utility upgrades. 

At a minimum, it needs to stay dry, which means getting any standing water out (sump pump and french drain), ventilation (moving air will dry out excess humidity), and a vapor barrier over the soil.

Quote from @Sandy Hilsinger-Pate: I have several rentals in Ohio and only one of them is with a management company.

If you’re diving into real estate investing, Georgia’s a hot market in 2024, especially in places like Kennesaw, Marietta, Alpharetta, Woodstock, Roswell, Smyrna, and Sandy Springs.

Buy price, included a soil evaluation, drone pics and getting an improvement permit for my end buyer.

This year I hauled away a few hundred pounds of sand.  Is