New construction, builder preferred lender helped buy down rate, I negotiated builder to add appliances and blinds, and negotiated price.

Especially if you cant 1031 and you have to pay recapture.Even with new construction this has to be taken into account..

A ground-up construction loan for a new investor on some vacant land would also be a no-go as you must be able to show successful exits (refinance or sale) from a few projects before that's an option.So, we need to be able to see funds in your account that can cover the down payment, closing costs, and some reserves left over that will allow you to start your rehab.• No entity to close in: Though an LLC/entity is not a must-have, it's a nice-to-have prior to seeking financing.

If the appraisal deems it to be "Subject to" you will have to use a renovation loan/construction loan to repair and close. 

Also hoping it would help me evaluate properties better or gage compentency of construction crews i work with. 

Affordable Construction: Thanks to the small footprint of these homes, Griffin Modern’s designs avoid costly engineered lumber.

Who is responsible for cleaning the construction site and keeping public walk ways free and clear of construction debris since you are in CA without the ability to monitor the site?

The majority of buyers appreciate the expertise that a good agent provides (local market knowledge that can only be gained by being active in the market buying and selling all the time, looking at most of the new listings in person or at least online daily, a background in or at least understanding of building construction, relationships within the network of professionals in the industry doing deals, vendor referrals, legal protection through E&O insurance and keeping up with constant changes in approved contracts and required disclosures and forms, negotiating skills (the average person is terrible at negotiating directly and has no desire to, I find Americans are uniquely averse to negotiating and prefer to outsource it but I digress), etc.).

I recommend teaching him basic construction and property inspection (4-point items); 'lipstick on a pig' can kill an investment and reputation faster than anything in this business.Best...

I assume new construction in Eagle Rock would cost around $400k to $500k?