The process from start to finish would take four months and cost ~200k to build, with comps in the area around 355k-lender man said, refinancing would take six months as most lenders wont refinance a property unless its been built for six months, affecting the strategy to get paid out from refinancing quicker and closing out on construction loan-The property would not appraise at comps value, but at the cost it took to build, affecting getting paid out from the refinance.

Two of the workers quit mid job and I had to jump in and help finish while this mom is telling us her brother would be here any minute to shoot us.

Quote from @Devin James: Im currently learning this lesson with New Builds that have taken twice as long to complete than anticipated.....Finishing a Real Estate project ASAP is critical because...1) Holding Costs add up quickly- Loan Interest- Property Taxes- Insurance2) Investor Capital- Our financial projections are dependent on how fast we can turn our investors capital.

The basement has not been finished at all.

Seems like they might not be nervous about $300k loan considering we will be doing the same thing we just finished doing, only x3.

But then moving to actually renting while our children finish school and investing out of state instead. 

No chance I can be finished with the house by then.

Quote from @Atif Khan: Hi, new here. i just finished building my first spec homes out in granbury tx and was looking to buy a few more lots around dfw metroplex.

I am on pace to finish the course before the beginning of March and my short term goal is to join a brokerage firm before May.

For example, if I buy a house for $100,000 from a wholesaler that should have a market value of $200,000 after I finish putting in $50,000 to repair the house, then the appraiser and the bank penalized me by giving me a lower loan for getting the house so cheap.