I want to give my rehab crew all they need to get the job done but want to protect myself by ensuring the final draw is large enough to motivate getting the project done completely, yet not so large that they have to come back to me for some of it to buy materials.

I want to give my rehab crew all they need to get the job done but want to protect myself by ensuring the final draw is large enough to motivate getting the project done completely, yet not so large that they have to come back to me for some of it to buy materials.

My opinion:  The only way working as an appraiser will give you more knowledge for your flipping business is if you target appraisal companies that work for lenders that specialize in construction loans and use appraisers/inspectors to inspect & approve work for a borrower to receive the next draw.

If it is a condo it will be difficult for financing as lenders do not typically lend to someone who controls a considerable amount of a condo building.Tax PIN’s really do not matter, for example I own property with a house and 3 parcels and the 3 parcels have separate tax pins.

You may still need drawings, but permits are still being reviewed & Issued.If you already have a permit, construction has officially been opened up in Philly as of May 1st. 

You draw up a purchase and sale agreement between you and the LLC and sell the property to the LLC.

Talk to a lawyer to draw up a contract.

I’ll consider selling them individually when it’s time to sell but only if we can get considerably more that way.

Find a great agent (I have one).If you decide to partner on the deal, draw up a Joint Venture agreement, or a joint LLC with an operating agreement to make sure you both are protected, and what to do to exit the partnership. 

Those rates are likely a significant draw for people looking to book a cruise."