A new build needs to perform better than that to make it worth your time, all the risks and capital concentration.thanks for the advice everyone and would be happy to connect with you: @Bryant Brislin @Dave Wells @Leilah Davis @Joshua Stewart I have been building 15 to 20 spec houses a year now for 7 or 8 years..Just curious, generally from start to finish, from closing on buying the land to collecting a check after building the house and after escrow, how long is the process taking you? 

When starting out in wholesaling real estate, it's important to use agreements that protect all parties involved while ensuring a smooth transaction process.

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

I am in Macoupin County, IL very different than Cook County, IL.

Quote from @James Boreno: One of my SFH caught on fire and I'm in the process of selling it to a contractor.

The process of processing one and closing is also rather simple and streamlined. 

I'm wondering about any potential regulations that might make this a more difficult process than I'm anticipating. 

Always get multiple lenders working for you in the due diligence process!

@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."