I wouldn't think it would take a private lender (which is much higher priced) than a typical mortgage broker's rates.Is there a reason you think you need a private lender?  

Coming in and making an offer after nothing for months on. a dying listing is also worth considering. 

Hi Ryan,Typically construction financing isn't based on your taxable income and rather more contingent on your experience, FICO and the deal itself.

I am guessing only you would be signing the 18 month lease and this individual who is there to "help" won't be voluntarily offering their signature as a co-signer?

I wish they were offering some uses of it. 

@Brady Ascheman - No, if you are not offering the guests services that add to their convenience then there is no SE tax.

The lender typically is not aware that ownership has changed.

Instead of stressing over timing it perfectly, focus on making sure the deal still works even if rates shift.Since you’re buying in Norfolk, check if lenders there offer any investor-friendly incentives.

What do contractors typically charge to come out to a potential property and walk through and fill out a SOW with pricing?    

I would have already filed lawsuits - if you know of 10+ typically there is more, and those who get in line first get to eat first - you do not want to be like the guy in office space and sit around and do nothing and not be the one to get a piece of the cake.