Profitable months cover non-profitable months, so budget and expect it.

One single overlooked item means going over the budget and turns a potentially good investment into a money pit. 

I currently live in Southern Maine and am looking to construct some kind of new project rather getting into rehabbing existing residentialProposed Land Budget 100-200kConstruction Budget: 400kAll in 500-600k.I have found that if I do the site work myself including clearing, septic and digging the foundation is that i can sub contract out either steel or a Lester style building (50x150) for around 300k installed with insulation and power , divided into three 2500 square foot units. 

I was planning on building the home in the traditional stick built style in my budget but am wondering if doing prefab may save some money/have other benefits.

For instance, a property purchased for €300,000, with a renovation budget of €50,000, could sell for €400,000, yielding a net profit of approximately €50,000 after costs.In Spain, flipping projects often yield even higher returns of 15-20%, thanks to the growing demand for renovated properties.

Eliminate debt, establish a budget, and save.

Hey @Christopher Morris,I piggyback on some of the others, but I'd connect with a referred lender ASAP to go over your options/budget/pre-approval.

If you find that there's nothing that you like or would be willing to live in with your budget and location, AND you had the flexibility of being able to move and keep your job or you're willing to job hunt in different states, THEN explore different areas.

While the offer sounds tempting, I want to ensure I capitalize on these contracts fairly and effectively.Here are my main questions:Should I entertain the idea of terminating my current contracts, or is it better to stick to my original wholesale plan?

Market- rental rates, occupancy, inventoryLoan- rates, term- amort/balloon, down, Capex- budget and management.LP terms.An LP plays the role of a banker.