I love new construction for that very reason.

Ongoing construction projects valued between $26 billion and $30 billion fuel employment opportunities.

Could use some work, good bones.

Metal is competitive with lumber construction cost. 

Usually repair construction is quite obvious. 

Generally we raise capital from investors who want a fixed income and have enough meat on the bone to keep all the equity in the deals and push the valuation and also obtain commercial financing where we can get 75-80% LTV financing and still maintain a DSCR of 1.2+2.) 

I have a handful of leads that leave plenty of meat on the bone and I would like to make sure I am not missing anything.

He comes from a construction background.

Will getting this second home loan right now, affect me negatively when I go apply for the construction loan in the next 1-6 months?

There’s a lot of new development going on in Huntsville proper, but properties in nearby suburbs like Athens, Decatur, or Meridianville are both more affordable at present and less prone to competition from new construction.$150,000 can buy you a tenant-ready 3 bed, 2 bath single-family home in a B-grade neighborhood.