A bank should give him a bridge loan to complete the construction, then he can refinance once completed.

Are you asking about long-term rental loans or short-term bridge/rehab loans? 

Jason Sherrod Welcome - I am just over the bridge in Virginia.

You can also look at bridge loans which can be backed by the asset.

First questions, and I am guessing that you have already crossed this bridge, but have you already checked to find out if the seller of the home is going to clear enough to be able to pay off the second lien?

to answer grandwally- Land acquisition legal definition is the government can acquisition your land for government use such as roads, bridges etc.But what I did is... say You want me to find you 6 acres to build on.

Just across the bridge from Louisville, KY. 2 were sold to investors looking for rentals sold in the low 40's.

We have a comfortable life here, and when/if we move back to the states, We'd like to maintain it.Hi Tim-Yes, they're building 2 casinos here, a Sands with convention center on the main island just south of the central business district on reclaimed land, and another spearheaded by local Genting Goup on smaller Sentosa Island (sort of a resort/park/ golf development island linked by bridge and monorail) which will include a theme park.Funny thing is, Singapore has resisted having casinos for decades, afraid of turning into another vice-ridden Macao.

You might want to look into a bridge loan to fund the front half of the deal then close that same day with your end buyer.

I don't Day Trade; don't care much for living under bridges.