@Damien Davis you'll make less on the initial projects but the experience you'll gain will be completely worth it.

Any real estate you buy here you want to hold for the rest of your life because of how many growth is projected here!

Quote from @Devin James: Im currently learning this lesson with New Builds that have taken twice as long to complete than anticipated.....Finishing a Real Estate project ASAP is critical because...1) Holding Costs add up quickly- Loan Interest- Property Taxes- Insurance2) Investor Capital- Our financial projections are dependent on how fast we can turn our investors capital.

Most lenders won't require an application fee and should be able to clearly lay out their financing costs, cash to close, and projected profitability for you.I hope this helps.

Do an actual tax projection first before jumping to conclusions. 

Then it likely takes hiring a GC to manage the project.  

I'm in Spartanburg and starting some new construction projects.

Both my wife and my background is in manufacturing, specifically operations, customer service, and project/account management. 

The particulars of a project, whether fix & flip (cash now), fix & hold (cash flow), rehab & reboot (cash out), is only one of many ways lenders decide whether to invest or not.

It requires hard work, strategy, and a willingness to take on projects others might overlook.