Look to the types of loans made, 5 and 7 year fixed that roll over to adjustable, those may not adjust until 2015, so it could be too that the upturn is simply the slowing of some loan product maturing.

This is all the same building same construction and the 3rd unit got taken out by a large resident.

Would it be easier to get business credit by saying your in the construction business rather than real estate?

Because of that, I was looking at construction rather than buying existing structure.

Currently under construction.

How often do you adjust your insurance based on these factors, annually?

My mortgage payment is only $541 on a 30 year adjustable rate.

My goal is to build the new home before selling the first house (and selling it near the end of construction).I'm trying to decide between a 203k loan and taking a HELOC on the first house.

If you aren't knowledgable in construction make sure you use licensed subs, that are bonded.

Right now the city is hot to trot because construction is suppose to start next spring.