I’m in the learning stage with the development.

Seriously, it depends on your stage of life.

Focusing on what will help you grow your wealth during the growth stage rather than focusing on preservation the wealth you really do not have.

I realized that I'm in the early stages of acquiring this property but I'd like to have my lender nailed down before this goes much further.Right now I've contacted my bank to see about a traditional investment mortgage but I'm thinking that a hard money/private lender of some sort will be a better choice since I'm planning on doing a few quick renovations then putting it back on the market ASAP.

Because of that, they typically require at least 20% down, and it can be higher.If you are looking at a pre-construction property (which there are many of these days), then the deposit is usually due in stages with the final payment coming when the project is completed.There are advantages to getting in on the preconstruction phase, and that is usually when you will get a best price compared to completion, however, you really need to make sure you do your research on the developer and property to make sure they have the resources and track history to complete and manage the project.A contact with Starwood Development recently told me know that they have a number of projects under way right now in North America including Seattle, Scottsdale and Wailea to name a few.

The reason why I want to get into staging is for two reasons:1.

Well, I can't sing or dance, but I am going to be appearing on stage at the Hill Country Community Theatre, Cottonwood Shores (Marble Falls) TX, from September 27th - October 14th.

Vegas Gal,There are three stages in a real estate downturn:1) Housing inventory increases (days on market increases) - this is where Las Vegas is now.

Ann,:welcome: to BP.Can you start a fresh thread where you discuss staging and the value when marketing a property?

If you want specific advice tell us more about what you are thinking at this stage.