I am not a licensed GC but I have experience building spec homes that I could show a bank Fine paying a higher interest rate on the construction period of the loan, but would like to be more in line with traditional mortgages rates on the perm portion (although fine paying slightly higher if I avoid closing costs for a second loan)Do y’all have any recommendations on specific types of loans for this or specific banks I should talk to?

However, some states do require a license to purchase mortgage notes.

The clientele tend to be habitually unemployed/unemployable and relapse is not uncommon, which often leads to fights, damages, or the revocation of licensing privileges by the municipality.

Professional property managers are often licensed real estate brokers who specialize in acting as the filter for you for the number items, which are not only costly but a headache.

I am a Licensed Real Estate Associate Broker in Colorado who has been reading everything I can get my hands on as well as running through scenarios with my employing broker.

Multiple sub contractors with multiple separate contracts are not allowed..Repairs/Improvements must be completed by licensed contractor(s) as required by local/state municipalitiesRepairs cannot be completed by a related or interested party (i.e. relative, real estate agent, seller, broker, etc.)Borrower selects contractorContingency ReservesMinimum 10% is required.

Lenders are licensed by state- where is this?

Also, keep in mind once the rates start falling this fall, in my opinion there is going to be a short lived surge in purchases from pent up demand that people were waiting for.Hope this helps.Also, if you are looking to keep more of your RE Commission DM me, I'm a Licensed Broker in Texas as well.

We've also expanded into getting properly licensed to manage for other owners now too.

Best,Ryan CheekIndiana Licensed Real Estate AgentNeu Real Estate Group