Its tough living in a construction zone but it can also offer you both an investment, education and place to live for the time it takes to complete the renovations.I actually started by using private money (people I knew who had money) and used them as lending partners.

Hello all,I am currently pursuing a Master’s degree in International Real Estate and have 17 years of experience in the construction industry in my home country.

Work for a flipper or in a construction biz so you can learn about managing projects and what rehab costs are for different jobs.

Schedule a detailed walkthrough of your properties with you and your manager and a home inspector. 

We have a few brand new construction projects in Florida.

I assume they would not finance for me (seller finance), but I was just wondering if anyone has purchased a foreclosure from the VA and if they were able to construct good deals.  

@Yusef PresleyI would avoid paying contractors hourly and make sure there is a construction draw schedule in the contract that clearly outlines when funds will be dispersed to the contractor throughout the project instead of one lump sum payment.

I found 2 banks that would back me in the project both offering a construction loan with no payments during the rehab.

It's not a hotel, the houses won't be perfect (unless it's new construction or luxury). 

Hello all,Newbie investor here asking for some assistance analyzing this new construction quadplex.