OK, all kidding aside, there is a very real difference between a Traditional Real Estate Agent (TREA for short) and an Investor Friendly Real Estate Agent (IFREA for short).

Content rich SEO will be my next step after this is done.

But, for the time being I'll be doing more traditional statistical analyses, albeit with an emphasis on the Bayesian.

Rich Baer, Esq.

Rich Baer, Esq.

I have wanted to invest in real estate since early 2000's when I read Rich Dad, Poor Dad, but could never get my spouse at the time on board.  

I have been doing things the traditional way by finding a property, going to look at it 3 days later when I get off work, and then putting in an offer a day latter.

Most banks (if they even do construction loans), will require a 700+ credit score and 20% down on the hard costs of land acquisition + construction.Here is what I'm thinking:1) Get a pre-approval for my customers for a traditional loan2) Get some sort of equity down from the customer (cash or land) so they've got skin in the game3) Do an appraisal on the after construction value of their home4) Assuming the numbers work out and we're covered in the event that the original customer can't close, build their home for them with us fronting the money5) Sell them the home at completionI have two questions for you all:1) Do you think a hard money or private lender would be interested in this, assuming I'm offering 12% interest on their money for the 3-4 month build time2) Do you see any legal problems with taking money from the customer and then selling the property to someone else if the customer screws their credit up during the build and is unable to close?

He'll have to save an additional $44k in a year to do a traditional mortgage?

A lot of traditional lenders don't really understand HM and how it works.