This isn't really that earth shattering, just kind of annoying.The title insurer will usually require the scope of work and any lien waivers to issue certain endorsements required by lenders for recently rehabbed/constructed properties.Permits are all public record anyway - and often double checked by the appraiser.So - while it is kind of annoying, a lot of this work is already required to complete the transaction anyway.Just my thoughts.

For bookkeeping purposes for our clients, we usually do an 80 (building) / 20 (land) split until we have the correct figures from the county records (it takes some time for those to post sometimes).

I just started my due diligence phase, but the first thing I need to do is better understand the financial feasibility for the project, and how the return might compare to other investments we have undertaken in the past, which have been mostly acquiring existing buildings and renovating, not new construction.

Reserves:Most lenders will ask for 6-12 months of reserves to ensure that you can cover mortgage payments if you face financial hardships.

Do you have more info on the financials/cash flow?

The way I do it is go to the property records for the county online find the owner's info and then Google search their phone number.

Hi, this is definitely a great question for a lender/ professional financial institution advisor they will steer you in the right direction.

Does he have the financial resources to even do a deal?  

But on the system it shows which lead called AND it recorded the conversation to replay!! 

Make sure you choose one with experience and a strong track record.