If the numbers work and you are ok with the arrangement then go ahead.  

At this stage in my life I have very little money to invest and plan on learning the ropes of real estate as much as I can before making an major decisions.

I know a lot of people do the BRRRR strategy but I have no time for that and it is too advanced for me at this stage.

Right now we are in an intensive learning stage, but eager to move forward to a deal.My Wife and I met for coffee with a couple we met from BP that is moving to Danbury this month.

We made a clerical mistake, but no one caught it at any stage of the process!

As well, very good staging could help "modernize" a kitchen to a certain degree.best of luck

Well unlike Account Closed  advice I don't think he saved you 25k in fees  LOLthis is quite simpleyou have the developer sell you the lots.. on  contract  .. the developer then subordinates his beneficial interest in said contracts to the Banks construction loan.. you are the owner you build and then sell.You can do a participation note with seller.. so they get a fixed number plus a little interest on the note and then a % of profit if you wish.now the only wrinkle will be if the construction lender will allow a junior loan on this and you having no real skin in the game.If the construction lender wants the lots as true equity.then you would need to for a JV agreement with developers portion the lots.. and what ever your business arrangement is.. if the developer has less than 20% interest in this newly formed LLC for these two build jobs.. then they will normally not be required to sign on the construction loans.Construction loans in today environment are very tough especially specs.My Portlandia bank will give me 12 specs and my Charleston bank will give me 6. so i can have 18 homes going at one time.  

Hey folks,I'm still in the early stages of finding my first investment  (getting a few pre-approvals, saving $ and reading everything I get my hands on)My question is probably a silly one, but... am I right to question a listing that sits on the MLS for any more than 30 days in the metro area?

The whole staging vs not is an entirely different topic that can save you money, but might leave $$$ on the table.  

How is title to the property arranged?