If you are buying in a more metro area, there will be lots of choices.In our area, we are quite rural and I couldn't guarantee that I would find the resources to do setup completely remotely.

You can pay for expediting for plan reviews and the best way to "expedite" beyond that is to make sure that your engineer / consultants are submitting complete packages each review cycle.

Full gut renovation, including but not limited to full replumb, full rewire, complete mechanical upgrades, and new apartment finishes from studs.

It is primarily over the high and sharp rise in interest rates we've been experiencing.

One requirement for this loan product is that the rehab must be completed by a licensed and insured contractor approved by the lender.

Even with a completed sale often times you might need/want to pay a lawyer to do a quiet title action to quell any possibly attempts to reverse the sale by an interested party.

With comps ranging from $875K-$1M and your estimated build cost at $550K, the after-completion value gives you a significant equity cushion, making this project highly attractive to lenders.If you plan to hold and rent the property, you could refinance into a DSCR loan after construction, which bases lending on rental income rather than personal income.

To be completely 100 with you, I don't know if you are aware or not, but Rent To Retirement advertises some of their new construction homes on my Investment Properties For Sale Show.

It is a common factor for these types to plant in people's head they are responsible for their success so when they come back after realizing the no value you can blame it on them.

To find value on residential 1-4 unit properties you could ask your realtor to run comps or complete a CMA(Comparative Market Analysis) on a subject property once you find it.or you can find the value on your own.We use prop stream to run comps.