We have purchased the land and have preliminary entitlements to build.

Construction Items required in a Preliminary Package1.Project description (which includes number of units, proposed pricing of units, total costs, per plan costs, profits, proposed equity and proposed loan amount, any subordinated debt)2.Project cash flow3.Location map4.Cost breakdown 5.Market study - if available (an internal or third party study)6.Sequence list (including lot number, plan number, base price, proposed premiums) 7.Biography or resume of key management8.Authorization/Release for Business and Principal9.Borrower’s Certificate of Past Credit Relationships (attached)10.Banking references and two sub-contractor or supplier references (attached)11.List of all current projects (location, price range, size range, sales rate, JV partner, lender) (attached)12.Financial Statements for borrowing entity and guarantor(s) (attached)a)Current financial statements, indicate book value or market value basisb)Statements must accurately report all assets and all liabilities (include contingencies)c)Statements must be signed and datedd)Signed tax returns for past two years (please include all K1’s)13.Financial Statement Certification (attached)14.Tax Return Certification (attached)15.

:shock:

:shock: :shock: I spent the weekend painting and woke up this morning with my hands and fingers swollen and hard to move...still swollen right now..

I grew up in MD (Bladensburg HS, class of '66, UMd, class of '76-don't ask why it took 10 years) and was shocked to see the Pax river out of its banks.Again, welcome aboard.all cash

I am hoping you do not have to deal with my foreclosure anytime soon :shock: ...

:shock: WOW!

:shock:

:shock: Maximum rent is pretty much dictated by HUD housing rates.

(The last one is that I just bought a new $30,000 car [before I took charge of my financials]:shock:) This is a $200K+ house if it were rehabbed.