The GC license in now way shape or form guarantees that:1) They know about the trades they are hiring for2) They know how to manage, organize, delegate during the job3) That they will be at your house making sure things get done rightI only work now with people who hold GC licenses, they are insured, AND they need to know the trades and actually be working next to the guys in the house. 

It’s a trade-off between saving on interest with the hard money loan and the additional closing costs.

I'm not bold enough to buy real estate at negative leverage - few deals in my area (and I presume, Manhattan), are trading at "Cap Rates" greater than 7%. 

What was the outcome?

What was the outcome?

Gut reno What was the outcome?

@Andrew Steffens and @V.G Jason what you both described is an outcome of which levers do you want to pull, time or money.

I am a contractor by trade and understand the costs/processes to build, but I am lacking in how to determine a proper sale price with little data. 

What was the outcome?

What was the outcome?