Once the end-buyer is approved(1), you borrow money for a few weeks and now that you own it you can sell it to an end-buyer using Fannie financing. (1) Technically it will never be approved at this stage because you don't own it, meaning you don't have the right to sell it. 

Once the end-buyer is approved(1), you borrow money for a few weeks and now that you own it you can sell it to an end-buyer using Fannie financing. (1) Technically it will never be approved at this stage because you don't own it, meaning you don't have the right to sell it.

With such a short notice it is a big hassle to arrange the painter and short notice to the tenants.

Most of the builder in those rural area dont like to build near austin for the same reason as they say "whatever takes us 6 month here it will take us more than a year there, because of the permits and inspections are time consuming near austin" I am hiring a builde, who is  basically  is subcontracting each stage. we are using my finance loan (Interim loan). in this case we might calling him GC. we call them a builder here, and they are definitely not GC for rehab projects those are different, they only build costume and specs homes and commercials. 

Im wondering at what stage of the loan cycle, borrower choose to default?

My local REI group, CARPOA, has arranged for a 1 day seminar OCT 8.

At least for the prop-forma stage.

I honestly believe Im in the "Analysis Paralysis" stage right now.

The side by side family arrangement seemed ideal and truthfully from looking at the place it seemed like this situation would probably continue on indefinitely!

Skip the staging and create a better product to begin with!