You'd be surprised how many investors are receptive to that.

BTW, this is where having a real estate agent is useful as they manage these details and explain them to you so you don't have surprises like this. 

JUST DON'T BS ANYONE (EVEN IF A AGENT WASN'T INVOLVED)IVE NOTICE A LOT OF WHOLESALERS WHO FAIL AND/OR HAVE DEALS FALL THROUGH DON'T DISCLOSE EVERYTHING UP FRONT WHICH LEADS TO A SERIES OF "SURPRISES" FOR BOTH THEIR BUYER AND THE SELLER.. 

All of these Podcasters either know him or know of him and were NOT surprised to hear any of this. 

.- Budget carefully: Include a contingency fund for unexpected issues.- Focus on high-ROI improvements: Prioritize renovations that add the most value.- Document everything: Keep detailed records of expenses, work completed, and agreements.- Consider liability protection: Look into forming an LLC or other business entity.Starting with cash is a smart move to minimize risk and learn the process.

This is exciting news to me and I'm surprised I hadn't heard it before since my husband is a veteran and we've purchased several homes VA as well as clients of mine that I have helped.

Surprise-surprise, people are going to complain it suck's, that they don't like it, they want something different....... 

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

I would actually be surprised if a lender would lend to your friend to build a house on someone else's land because he would not be the owner when it is complete.If you're going to do this, buy the land in a partnership with your friend.