This may be to deliberately prevent discovery of other electrical issues or prevent fire/injury.You will need some form of hard money or construction financing to purchase the property as is, and you will need to get the property occupant-ready to pass an appraisal before permanent financing is on the table.

And then reality kicks in - the construction was painful - finding decent contractors, inflation, scope creep - all the usual **** made worse by the fact that nothing is particularly easy in costa rica besides ordering cocktails.

I'm presently a facilities engineer by trade, who does some construction and maintenance for landlords on the side, hoping to get back into the private real estate game.

Is this home in the beach a new construction or an existing home?  

I doubt that any serious lender is going to lend you construction funds in second position behind your mom's purchase-money lien on a distressed property.

Especially now, I am seeing a lot of people who bought during or right after the COVID pandemic and are in situations where they simply cannot sell their homes for any profit (many of them bought as new construction).

I see a lot of new construction in Richmond and Berea as I travel from Lex nearly every day im excited to see how the mega site in Mt Vernon and Richmond grow these areas What surrounding areas of Lexington are you seeing more activity?

You don’t want your lender to go out of business while still holding your construction escrow funds.Can you provide me with the contact info of some recent borrowers?

These issues were identified by an inspector that drove by each house after the policy was issued.For those that have Obie - did their process include an inspector "inspecting" each house? 

-Why not include a contingency line item in your construction loan rather than raise the contingency funds from your equity partners?