Partner Driven financed the Owens Creek Rd deal using its own capital, covering the $250,000 purchase price and $20,000 in renovation costs.

In short , any rate/currency hike is causing liquidity crisis causing delay in ground up project even for project that was approved 2 4 years before the rate hike…. plus build costs/  profromas run 3 to 4 years ago are wildly in accurate

In the end, there could be a cost to any way you sell the home, I would just look at all options to see what fits your needs the best. 

You can use an FHA loan with 3.5% down (That’s $7,000 cash out of your pocket) Then there are closing costs of a couple of thousand dollars.

And also maintenance labor costs are up 30% to 50%.

Buying an existing place that needs upgrading might be more sensible but it will still cost a lot of dough.Plus the purchase of the catamaran.

It costs maybe 25-50 bucks per month and the servicing company will provide all of the required documentation for their new lender. 

I would say if you do post it be as detailed as possible minus borrower info re: what's the collateral exactly (estimated value, condition, etc), outstanding balance, state where it's held, terms, performing or non, 1st or 2nd position, payment amount and what you're asking price wise.

Redoing the titles and warranty deeds for our properties is costing us money I could have avoided if I had known better. 

I was thinking perhaps it would be easier to just bring a general contractor to walk the site and provide an estimate on all the rehab costs, rather than to find separate contractors for each specialized task.For those of you who have worked on fixer-uppers, did you bring a general contractor to walk the property with you and give an estimate on rehab costs?