While driving for dollars, I’ve come across a neighborhood that’s older but is surrounded by new construction.

Hey Tony,None of those are bad options, honestly if you have paid off investment properties; the best terms are probably going to come straight from a cash out refinance.Line of credit is a good option due to only paying on what you use but if your planning to start construction immediately I would go with the cash out, its going to be less headaches as well.

Site cleaning is consistently understated in rehab construction budgets. 

It is simply a high-stakes gamble that you have to exit in 3 yrs or the bet won't pay off.

The home was a big interior and exterior clean up with minor construction.

Please reach out if I can be of any service for primary or investment new construction across central Florida. 

I bet you were ecstatic when that deal finally closed lol!

I am a GC evaluating building 3 unit row homes on city owned lots.  Cost to build: $280-$300K, 10 year tax abatement from city.  Has anyone done this?  How did you finance? 

The property is a brand new construction that I own outright and the rental market in this city is very strong as of now there is quite the shortage.

How would you approach the seller to plant the idea of seller financing.Your best bet is to LBO the acquisition through packaging the business into a CDOYou'll take that CDO to private or commercial investors