It’s certainly going to be more expensive than if it was done right the first time but this can’t be a big deal in the scope of a full gut.

Bank financing is very tough for anyone starting out so HML is generally ( unless you use your own cash or cash in your network) the only funding there is.. the goal has to be though moving towards bank financing so you get the best deal possible.. right now I am at 1/2 point and 7% and my bank pays for my appraisals.

If he knows everyone there wants him out, he is likelier to leave.

I’m currently house hacking and planning to buy my next property in about 6 months.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

I’m allowed to help someone out if I want to do so. 

He works with us often here in Chicago, but can service loans across the country!

Thanks for the post here.  

Also, if anyone has any experience in land purchasing I would appreciate any tips or websites on how to find the best deal or agent for the same.

If so, be sure to find the appropriate forum category and ask away.