Hey maybe it turns out great, but still no real product years later and now this. 

They're offering 3.99% interest rates (covering 6% of the home cost to buy down the rate), $10k in bonus money, plus a fridge, washer, and dryer.Because they can't stop building, they have to offer extremely good incentives to keep the product moving in this buyer's market.

I have been involved in litigation in the past when a subcontractor ordered materials from China and the formaldehyde levels in the products were not satisfactory to the buyers of the units when they did their own testing and they filed a multimillion dollar lawsuit. 

Not necessarily land, as it is very costly to build there as all materials except for some concrete products have to be shipped in.

The conventional loan product can help eliminate sellers concerns while still keeping a low down payment.3) I would just compare your rents versus market rents.

Thank you for the fast reply.I am leaning towards it might be a bit risky to assume a refinance as an exit strategy if you are in a deal with a lot of equity tied up.Definitely Valdut, its always good to know all options and pick the option which allows for the best execution is speed, pricing, terms, and the right product for the given situation (rehab, acquisition, long term cashflow, construction, or interim, bridge, etc). 

Does anyone have any feedback or thoughts on which loan product to use? 

We prettied her up, gave her a new sewer, new roof, new garage roof, cleared out a ton of junk, and put this into production in 2020.

For me it started out being a RE broker and listing other developers product 50 years ago :) so you kind of grow into it..

At the end of the day if you are going to buy 10,20,50, 100, 500 or more tax sales a year, it is EXTREMELY counter productive and a waste of time to buy 2 or 5 or 10 or 20 from 15+ states.