Now - we do something called a "spec" home.

This complex is in need of partial rehab to bring it up to top rent specs.

So I designed my own home idea using MS Paint, priced the material and estimated labor and find this is a good I dea if I can manage building a plumb and level wall.Recently the idea was to spend most of my money on land in Colorado and place a RV/trailer along with a few solar panels to charge the batteries, but this wouldn't really do anything unless I was willing to place a well and septic system.You can say I'm in a situation here, and I have no idea of how to handle it.

Plus, when we do spec houses, we do loans where they tack all the holding costs onto the construction loan - so we have no out of pocket expenses.

Hello,
I know that I need to consult a CPA, and I will, but if someone could shed some light on my options here that would be great.
I bought a lot and started to build a home on it. I had the intention of moving in,...

In the area that I am in most of the builders have spec homes and a list of homes 60-90 days out so you can still do some selections.

.$5,000 Down, Investor and Builder Spec LoansIf you don't already have a property in mind there are some featured on the website, but we have a lot more that aren't on there.

We also have other Commercial services such as 1031 exchange, Lease Probe for all lease abstracting and SPECS, LLC (Specialized Property Engineering & Cost Segregation.If I can be of any assistance in any way feel free to contact me at any time.Sincerely Tammy

I need the funds to start pushing the dirt and build the first spec.

If you want to do flips or spec builds, you might do well if you have the skills and capital.