My guess is that you are outside the time period and technically good to go.Personally, I am not one to risk burning bridges.

Appreciation may or may not take place...land is not an income-producing assets - at least not the dirt you described.Now - I know that you are thinking you'll bridge the payment on this loan into the CF from those houses.  

@Jeff Bridges@Andrew Syrios @Thomas B. 

You'll put in a little effort and the other wholesaler will take your buyer and not compensate you.Most business people want repeat business and will not burn a bridge like this.  

My intention is for them to use this as a Bridge Loan to get any low interest loan when they can. 

Many people won't like that because you have crossed the bridge from rehab to construction and increased the risk to the lender.

I would talk to a commercial lender first, but in theory you should be able to improve the units with a bridge loan, generate revenue, and get a commercial loan based on it's new value as an income producing property.  

You can't unburn a bridge.

So I guess I'm looking for some advice to bridge the gap from personal credit/financing to something else.thanks-Andre

Love Navarre BTW... even though I was a ways down the beach in the Seaside/Seagrove area, went to several Blue Angel's air shows on Pensacola Beach close to you and the 4th of July Firework display they do on the sound by the bridge in Navarre is the one we usually went to... and yes, it would be great if you would add me.