That tells me I have a decent product.

One of my biggest problems has been properly locating and finding the correct information on the owner to make a solid connection.I have tried a few different ways like looking up the owner's name on the internet and whitepages.com although neither has really proven to be productive.

Additionally, consider that you could do a 203K FHA construction loan to purchase a "fixer" since traditional FHA loans require the property to have no "defects" such as peeling paint, etc.

The CFPB was created in 2011 under Dodd Frank and it is an independent federal agency that holds primary responsibility for regulating consumer protection with regard to financial products and services.

retirement based real estate loanI LOCATED THE ABOVE PRODUCT FROM 1ST BANK BUT COULDNT QUALIFY BECAUSE MY CREDIT SCORE DOESNT EXCEED 680.

This plan allows for maximum flexibility for your product in the market.

Having said that you build what sells for the area and not personal tastes.Great job on the podcast by the way.One question that wasn't asked in the "fire round" that I will throw out here I was curious about.How do you compensate on a ground up build for the amount of time you would have trapped money before seeing a return plus the fact that in some cases building would take a year or longer from buying the dirt to selling off the finished product??

Here are a few pictures of the current product.

I can't wait to see the final product.

Once I get all the estimates for any major defects on the property I will present it to the seller.