At the end of the day; you need more money to do something like this.MAX LTV on new builds is 80% LTC, Meaning if the build is $550,000 and Land is XAdd ($550,000 + x ) * .8 = LOAN AMOUNTYou would need to come in with MINIMUM 20% of the cost in addition to closing costs and reserves, $80,000 is not going to cut it for this project.

I can’t think of a better way to kill a relationship….. 

It gets easier with each passing day to spot them.

I have learned a ton about flipping and now have current deals going on.  

Some can charge less on a job and some charge more on a job. 

Almost all mortgage loans these days have Due on Sale clauses, so it comes down to A) whether they find out (usually from changes in the insurance policy), and B) whether they choose to call the loan.

Aloha,There are a couple of issues here.

What do you do to relax at the end of the day? 

Quote from @Jose Mejia: Good afternoon,My name is Jose Mejia and I am looking to find a lender that is able to do a cash out refinance for a property that I invested in with my brother through a hard moneylender.

From a tax standpoint, there are additional disclosures to make when selling a business asset for less than fair market value to a related third party.