Near where I was staying they were constructing a new building.

Would the time the property spends under construction count towards the 1 year of living in the property before being eligible for another FHA loan?

This is for new construction and I'd want them to build and install.Thanks!

Flippers love to wholesale because they don't have to do any construction.

Also I would be quitting my job when the construction starts.

Some of our members will place them on the chain link fences that surround construction sites, which seem to remain for longer.We're covering WHOLESALING tomorrow evening www.MassRealEstate.net I'll pose this question if we have time and send you the results.Thanks, Mike

Also my skill set and contacts in the construction trades can really maximize the profit.

I am more involved in new construction, and don't invest in fourplexes, etc.

My main cash buyer is a construction worker and all I do is show her the property and she takes over from there.

I'm buying a foreclosure for $84K, ARV should be $125-$130K based on comps, maybe a little higher based on quality and condition. 3/2.5/2 1720 Sq Ft, 1988 construction.The loan package consists of a 6 month IO construction/rehab loan where they will loan me 75% of estimated ARV now, then refi into a 30 yr fixed when work is complete.The ARV is determined by the appraiser based on comps and based on a list of improvements that I intend to make.