But we don't sit around in sombreros waiting for a breeze.

I've also talked to my current lender and we decided to wait till we get closer to maturation in hopes the rates will go lower. 

If you are willing to wait we are most likely going to see 100 basis point cut over the next year and a reduction in the spreads that lenders are working off of.

You only want to wait if property values are crashing, crashing hard enough to make a difference. 

Mostly on trade accounts with local businesses for the materials, some business credit cards, some of the contractors were OK with waiting 30 days for payment. 

Someone paying 1,000 likely wants 100 hours of time as they will struggle with lots of stuff and blame someone other than themselves when they don't follow all the steps because they are lazy or don't want to put in the steps to lay the foundation.The foundation isn't sexy.

If you can wait until you have legal status that would be ideal, but may not be absolteuly necessary if you want to get a jump on things. 

You’ll likely be waiting for the foreclosure by the first.

They're not just going to sit on it and wait, can't afford to. 

I tagged 4 other BP members I knew and layed out the mission and that was to buy renovate to retail standards a home in the mid west ..