The custom builders in the area are very competitive and are offering pretty inexpensive builds vs comps.If the lot was purchased recently for 20K and the turn-key cost to build is $200K, after I close on the house (bank said appraised value would be 220K), would a new buyer have problems with it getting appraised over $220K even with other comps selling for 300K+?

The extra interest is small and increases our APR by about 1%.To do this, our lending attorney provided custom clauses in our loan documents, including a deferred payment section, an interest-on-interest clause, a balloon payment disclosure, and a few others.

We have a high quality of customers after we cycle through poor payers. 

You can customize the payout duration and amount.

I can tell you one thing, THE SITE HAS VALUE AND THE COMPANY HAS GREAT CUSTOMER SUPPORT.

Check with any current/recent customers also.  

I am the sole member of the LLC and the mistake was caught less than year ago so there are no capital gains or anything  so I was told it is a streamline process.

Spared no expense - wood casement windows, custom cabinets, counters, stainless appliances, custom pool table. 

They want more online leads, but I'm quickly learning their bigger issue is outbound sales & marketing, i.e. understanding who their customers (and referral partners) are and engaging them meaningfully.I've been lurking on BP and researching their build areas and it seems like their primary clients are developers and investors, not individuals building their dream vacation home (though they are part of the mix).Their value prop is dollar efficiency and speed.

I'm not a huge fan because of the costs and risks of the program, but I've used it for customers in certain situations where it made sense.