This was a half-finished subdivision from the late 80s with middle to upper-middle class homes - the residents had a lien against the former developer who went bankrupt and left the road in state of disrepair (never done the correct way)...so 10 years bankrupt...I bought it from the town for backtaxes and agreement to build new road.3.

Over the last 18 months, we have done all the leg work and are near the point of having our permits approved by the city and all entitlements in place for a 12Plex.

But there's a few that does allow it, just gotta do a lot of leg work to find out which does. 

You don't like it that she has one arm and one leg and blind in one eye?

Going back to your suggestion, I am moving on from the lender I posted about, if you see the first two replies; where the user's name goes in the upper left corner says that "account closed" The borrowers I have can put up 30% down and rehab property as most of them are in the "remodeling business.

When I first relocated to Florida one of the first buyers I met was a young couple looking for a fixer upper.

The big difference between the two is that often times one is the lender of the note and the other is the lender of gap funds to close.I mean to fund someone's bridge loan on a fixxer upper would cost 150k? 

Being able to have no extra legs of the business that I don't have the time to build in a market I can't be present in, is nearly priceless since I have a full time job that I don't want to leave.

Upper-middle class families in those situations will get insurance money for a temporary place to live and it's generally a large sum. 

Looking for my first-ever deal and I found a potential fixer-upper.