I have a contemporaneous mileage log along w/ what was done each trip to go along with this.3) I am aware that for the IRS it is a red flag that I maintained a full time job over this period (a good amount of renovation work was done while working remotely waiting on jobs to finish).

Hey guys i need you help here and i need some of your experience pls...I'm on contract of my first brrrr with hard money loanAnd i want to know thatcif i change the roof now and fixing the crowl space That will cost me to do both of the things around 20k I running the numbers and i can get the arv that i need buy my question when the aprizel coming after we finish to renovation the house with this to major fixing issues that he coulcaite with this 2 major fixing to his numbers for the arv or not ?

The structure we landed on was as follows:- Fixed Builder fee of $300k (each project varies but are 2-6 units, and 5,000-9,000 total finished sq ft)- Fixed Return on all my initial capital invested of 50% (plus return of 100% of initial capital)- Remaining Profit Split of 60/40 (60% to me, and 40% to him)I understand a lot of this hinges on how accurate the proforma is and how close we can get to actually hitting our development costs estimates, build cost estimates, and sales per sq. ft. estimates.

**Customization Options:** Early buyers can often choose finishes and layouts and pick the floorplans and floors they love the most, adding personal value.3.

@Austin Weber I just finished my DFW Duplex/Quadplex report if curious to see what folks are up to in the 2-4 family market up here!

@Mallory Austin, yes I just finished one BRRRR in Westview, GA.

Half of it is already finished for the first floor.

I would need to do a cash-out refinance or use hard money lender to attain the equity in the property.

I finished a large rehab yesterday that had more go wrong than any of my previous rehabs (we have a fair amount of experience) but still only went 10 days over our aggressive schedule.  

Are there any tax implications or mortgage barriers to building a home under the "second home" plan and then converting it to an investment property shortly after its finished?