Rather than that, if a loan is called because the property underwent a condo conversion (apartments into condos) or subdivision process without the lenders awareness/approval, would they still be required to offer a preforeclosure period before being able to foreclose, as is the case for lack of payment?

This starts with contracts but also extends to communicating expectations during the construction process.

But is it possible in that process to account for the 100hrs (I thought it was 100hrs or is it 150 hrs?)

The broker’s expertise in structuring these documents can significantly enhance the investor’s chances of obtaining the necessary funds.Communication is another cornerstone of a successful partnership between private money brokers and real estate investors.

Rarely are non oral appeals successful. 

When I was active, the O-4 Good Idea Fairies always tried to re-invent how we did business, and 95% of the time, they overcomplicated a simple process making our lives way harder.

Hey Roy - Congrats on your success!

I’ve had experience with both traditional and private construction loans, and here’s my take:Traditional Lenders: The process can be slower with more paperwork and stringent requirements, but they usually offer lower interest rates.

If you get past that, it is a fairly easy process.

I've seen some folks buy storage deals at valautions that are going to make success tough for them.