If you dont need the leases it can be nice because as soon as you get near completion on your rehabbing you can get your disclosures out, esigned, start your appraisal asap, and get the process moving quickly versus waiting around for tenants, lease ups, and all units to be rented.Best of Luck ~

@Dutch Mendenhall Why is RADD making this such a painful process.

The process from start to finish would take four months and cost ~200k to build, with comps in the area around 355k-lender man said, refinancing would take six months as most lenders wont refinance a property unless its been built for six months, affecting the strategy to get paid out from refinancing quicker and closing out on construction loan-The property would not appraise at comps value, but at the cost it took to build, affecting getting paid out from the refinance.

Here is a comprehensive guide to help out-of-town parents navigate the process effectively.1.

@Karin RecaldeWhere are you in the process now?

You'll find much greater difference in $$$$$ by refining your location/rehab/vacancy strategies instead of worrying about "how much it costs to borrow money" in this environment.Nearly all of my clients are more concerned with a simple and headache-free funding process, than the "lowest rate."

Anytime you are looking at purchasing a condo with a mortgage, the HOA Questionnaire is always going to be a key point of the loan process.

We are starting the process of dissolving our investment business (LLC) that has two partners.

No state income tax, no rent control, and a straightforward eviction process make it one of the more landlord-friendly places to own rentals.

Not only is it a costly and hasselsome process to establish such, but at end it's an association of 4.