Hi @Jacob RicksAccording to the census bureau, the average cost of construction in the Midwest was $81.70 in 2010.  

So if you create an $80,000 and sell it at a 25% discount, you get $60,000.A note secured by real property utilized as an owner occupied residence, will be scrutinized with a fine tooth comb by potential note buyers for all aspects of compliance with the Dodd Frank Act and the regulations issued by the Consumer Finance Protection Bureau.  

Here is the deal with Rental Properties with Farm Bureau.

The CA Bureau of Real Estate doesn't deny licensure for misdemeanors; only (possibly) felonies.http://www.dre.ca.gov/files/pdf/faqs/FAQ-RERAPS.pd...Pertinent portion:2.

My suggestion is to take a hard money loan out in the name of a LLC, therefore loan will not be reported to credit bureau.

However, checking tax records there for Fairfax county it shows thisHATAMI ZAHIR 8019 IMPERIAL ST Sales History Date Amount Seller Buyer 02/07/2007 $0 HATMI ENTERPRISES L L C HATAMI ZAHIR 03/02/2006 $0 HATMI DAVID HATMI ENTERPRISES L L C 12/27/2005 $411,900 BRADLEY ROY E JR HATMI DAVID 06/22/1990 $165,000 BRADLEY ROY E JR Sales 3 of 4 Date 12/27/2005 Amount $411,900 Seller BRADLEY ROY E JR Buyer HATMI DAVID Notes Duress (liquidation, forced sale, etc.)

They would also probably be very quick to hit your credit bureau (since they lost recourse rights) as measure to give you incentive to pay it quickly.This isn't a scenario that is supposed to happen.... but never-the-less still occurs.

I suggest researching your states real estate bureau/agency and see what the state exam fee costs and how much the license application costs.

So I called my local Farm Bureau agent and they 3rd partied it out for 1/10th of the cost. 

The Consumer Financial Protection Bureau ("CFPB"), through its sponsors in the Treasury Department, and the Conference of State Bank Supervisors ("CSBS") signed a memorandum of understanding ("MOU") relating to information sharing and coordinated regulatory efforts.