And as a builder don't you have a prefered lender who is easier to work with that you refer cliente's to.

Additionally, you should request a Real Property Disclosure (RPD) and a Lead-Based Paint (LBP) disclosure from the seller.

if your doing a senior project I would suspect your best and most cost effective landing solution is going to be a local community bank that loves real estate.. in my experience most will want 50% down on the dirt and a ton of experience and a really strong balance sheet.Myself I always pay cash for the dirt this makes finding a lending partner much easier.

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It is very close to two different hospitals, and a mile or so to downtown of a major metropolitan city.

You don't want to flip in the Bay Area without knowing the repair costs and as others have said, this is a time and reps thing, as well as who you know.

Selling now avoids capital gains tax and lets you reinvest into a new primary home and a solid rental property, which feels like the safer play given the cash flow challenges and ARM timeline.

I'm fairly new to the real estate game and currently have 2 properties; 4 bed 2 1/2 bath renters have been in there going on their 5th year, and a new 3 bed 2 bath we're looking into using for a midterm.I work as a radiology manager for Methodist and been with them going on 10 years.

I started with an FHA loan and a duplex house hack.

My guess is though that as you and I suspect it is the "flovor of the day" as you say and a pretty bad flavor at that.