“Every person licensed pursuant to this chapter shall include his license number in: (a) all construction contracts; (b) subcontracts and calls for bid; and (c) all forms of advertising, as prescribed by the registrar of contractors, used by such a person.”Only times I’ve been given some excuse on this, the bidder was not a licensed contractor, while claiming to be such.

I’ve been helping investors, many of whom are new to real estate, get into cash-flowing new construction duplexes in Indianapolis.

But if you are going to buy one, make sure it is new construction or recently completed its 40 year inspection.

It sounds like you already know how to market/find properties for your construction work - leverage that same skillset to find flips.You have an advantage over most beginning investors in that you know more accurately what the rehab costs will be for a certain project.

I utilize these products but more for commercial multifamily where they build in an interest only period, 30 year amortization schedule, and the bank funds as much as 100% of the construction costs.

If you mean you are using a "Construction loan" to add onto a SFH adding 3 units that could work but you still need a down payment. 

Additionally, national lenders like Chase and Wells Fargo have strong multi-family loan programs that cater to out-of-state investors.Scaling OwnershipGiven your available cash and equity, here are a few strategies to consider:Leverage Existing Equity: Utilize the equity in your current properties through a cash-out refinance or HELOC to increase your purchasing power.Partnering with Other Investors: Consider syndications or joint ventures, which can help you scale more quickly without using all your own capital.Diversify Markets: While the Midwest is great, keep an eye on emerging markets across the country that may offer similar benefits.Focus on Value-Add Opportunities: Look for properties where you can increase value through renovations or improved management.I specialize in selling new construction duplexes in downtown Indianapolis, and I’ve found that multi-family properties here provide strong returns.

I have done different developments in the past, but do not have a proforma to fit the type of rent/construction for flex space.

Jay, the deposit gets the ball rolling on the construction end and ensures that the buyer will move forward with the deal as in any contract.

Additionally, once micron (a large microchip processing plant) is up and running (construction is underway) there are expected to be nearly 50,000 additional jobs created in the immediate areas.