They then adjust those templates based on the dimensions of the new home that they want to Reno, and subsequently give that detailed scope of work to contractirs they work with. 

They'll subsequently email you a comparable match.  

Thanks In the simplest of terms, all things being equal, assuming you aren't carrying debt against that sale of your property, you could count it as income to be used for qualifying on a subsequent purchase however, you would have to show this income on your returns and, you would have to (in most cases) show at least a two year history of it and, a two year stream of it continuing (Your note would satisfy that component).

We will explore all of these techniques in detail and more in subsequent postings.But no mater what technique you're going to use you want to make sure it's a win win for the both of you, however the one with the better knowledge of creative financing will ultimately come out on top.

Perfectly legit either way.When you get a house under contract and subsequently post pictures of said house on CL (or FB or anywhere else) you're not selling the house, you're selling the rights to the contract.You don't need a license to do that.

But Doug is absolutely spot on that Ogden has experienced 4-5 decades of exuberance and bust and subsequent cynicism.  

With subsequent funds that are nearly identical, you might consider less expensive options once you have the experience.Yes, the 35 non-accredited investors need to be "sophisticated" but your investors can self identify for a 506(b).

That's pretty straight forward.Here are the scenarios that trip the brokers and lenders above and subsequently frustrate borrowers.Properties don't show up on credit; so what, they'll be on your taxes and conventional financing requires you to show your taxes and when you do, the underwriter will tie the financed properties to their mortgages and consider them financed.They're in an LLC; so what, the LLC is a pass through entity that attaches to you personally and the lender, when you signed your closing docs, required you to personally guarantee the loan. 

This will let you have only one closing for both the construction loan and subsequent 30-year mortgage after the build is complete.

They'll impact the basis of this property and subsequent basis of the new property.