Another option is you could get a construction/bridge loan.My sense is thebuilder wants money upfront and insurance is saying no - which is typical in commercial deals where contractor does not get paid until work is done - none of this upfront stuff except for some mobilization costs.

So far, nobody has shown how it works or what billing is or cost of electricity.  

Worked really well and it didn't cost me anything.

And if it did happen, the lender will simply fix the "botched paperwork" and proceed, A lawsuit will cost your friend $25,000 plus paying the arrears on the loan with no guarantee of success.

Secondly, depending on the rehab level I would have a contractor come and look at the property with me. 

Hi Melvin,Origination charges = 0 [Covered completely with lender credits]Services you cannot shop for = 2725 [This is the VA funding Fee]Services you can shop for AKA title work = 1723Total Loan Costs A+B+C = 4448Taxes and government fees = 3279 & G Prepaids and initial Escrow at closing = 10007Total cost including escrow = 14455

I'd be a little more hesitant to start them out with a big rehab project or make-ready, but for day to day stuff it seems to be pretty smooth.

The other half is: excellent finished product design and management at a reasonable cost.

Construction costs are up about 40% over the last 4 years.

I always gave in for ease and the fact I had a physical number, but when you looking at the cost per fax it is exorbitant.Today I received an email that stated my service cost was rising to $160 and they billed me on the same day.... umm no!