You can talk to the bank about a loan; however, my bet is they will want some form of contract and scope of work and will only pay him at set milestones.

People have to remember that the seller finance space fills the gaps that the banks leave behind. 

Mark, the good news is there is not any banks doing this.

As I said, check with local banks and credit unions.

I’d never had more than $2,000 in my bank account up until this point.

My bank account is connected to Stessa to eliminate the need for me to manually track income, expenses etc. 

Can the new HB 182 law be used to eject the prior owners of a property that the bank foreclosed on and did not remove from the house after the foreclose?

At this point, I would recommend having a line of credit to cover these things so you don't have money sitting in the bank doing nothing when it could be put to work.I have 33 units, no debt except for mortgages, and excellent income.

Most banks don't really know how to do that because they cater to SFH owner-occupants. 

. $300sqft to build at least.If you have any sort of mortgage on the property you will need an attorney to handle the mountain of paperwork the bank will give you for a lien release. 10k+, also probably some nightmare terms to have to build and sell immediately and god knows what.At this point a year has passed and you have spent at least $60,000 cash, you're about to break ground on a structure that will cost you at the very least $400,000 to build, you are still 1 year away from cashing out because you have to now build a house.