If you are in the Tampa area and plan on purchasing there, I highly suggest you connect with @Josh Green.

Meeting its standards makes these loans eligible to be purchased by either Fannie Mae or Freddie Mac. 

Quote from @Devin James: Gross Margin is an important calculation for developers/builders.Gross Margin = Gross Profit / RevenueWe shoot for a 20% gross margin on our New Construction HomesReal #’s:Home Sales Price: $374KClosing Cost: $18,700Cost of Construction: $258KLand Cost: $30KGross Profit = $67K$67K/$374K = 17.9% Gross MarginCame slightly short of our goal of 20%Homes Values and Build Costs are constantly fluctuatingI wish we had a crystal ball build larger homes. average new build in our market is 2200 square feet, 4 beds, 3 baths, 2 car garage and sells for 515k. construction costs lower if design is good and find the median or average home sale price and push that up. my guess is you built too small. 347k is cheap. we target 429-479k price range in columbus ohio for single family homes and also only purchase close to urban core where premiums are 20% higher and we build smaller like 1500 sq ft where price per square foot goes up. 

I'm a fan of using the HELOC to help purchase new property.

I've purchased about 10 properties for myself and have always use my own broker.

To clarify, I didn’t invest in a “fund,” but rather purchased a note for a specific fix-and-flip project.

They also didn't get hit with capital gains on the entire purchase price, which enables them to keep more of their money. 

Looking at making a purchase of a 3 family, was curious if anyone knew the section 8 process.

I also purchased these while residing in CA!

The property is being purchased at 103 with an ARV of 375.