Both methods I used above dont come close to this valuation.

I don't think there is any consistent method to determine what one bank will take over another bank.

Rent the thing out to as small of family as you can find and impress water conserving methods and practices. 

This includes Paypal, but we don't use the "business" transaction method that creates the transaction fee.

To implement it effectively, you really need a third party to implement it via inspections and objective methods.

Others will use RLV, but in this post, you have the formula, so whatever method they use, you (or your broker) can do the math for yourselfSo, the general formula would beSales price of home - (minus)Build cost of home, including hard costs and permit fees -Profit (can range anywhere from 3% to 15% depending on what builder, larger/nationals will usually have lower profit margins that they make up with volume) - Finishing costs of lot (per costs above) =Residual land value (RLV) or raw land/raw lot costsNow a few questions/comments/rules of thumb to use:1.

Tucker, if you have someone in house that is licensed i'd encourage you to put it through the multiple listing service what is local to you, whether that is columbus or anywhere else. it feeds to all of those sites and should be no cost if you have someone licensed. we always put the units we lease on craigslist and between those two methods it's never taken more than 30 days. we take professional level photography with a camera we invested in.

Which method is the most cost and time effective?  

I do have somewhat looser goals for 3 and 5 years, but I never go beyond that because I leave myself open to adapt to the changing landscape.I went to MFR's because MFR's are too easy (once you have the right experience).  

I know lenders do not usually approve this method of down payment however is there a way around this without committing mortgage fraud?