In addition, the workers need to be supervised, motivated and trained and the cost for this person plus all the extra costs can bring it up easily to $50/hour.

I am currently beyond the sweet spot and extra payment on my primary residence is now returning less and less in terms of years left on the mortgage.

My strategy for now is to pay a little extra in insurance premiums to cover liability up to 1 million on each structure.

That way you can decide if it's worth the extra expense.

Also, we like to get two years from the construction loan so that we have an extra year and a half to sell the home.

I've been told several times that my best bet is to reach out and see if there is anybody in my local area that would be willing to meet up.Next weekend I will be attending a three day Fortune Builders workshop in Philadelphia and I have an extra ticket for anybody who has the desire to attend.I'm really anxious to get started because I already have a couple cash buyers that want to buy some properties.John Paul Kilduff II

Not much of a flip opportunity,especially with only two bedrooms.Them wanting their 25k down payment back is not your problem so don't let it be part of your calculations.Your offer will need to cover the 204k to the bank,realtor commissions,and closing costs plus something extra to cover their moving expenses.

Does anyone know if there is a hard money lender that covers closing costs and all the extra fees associated with it?

How hard was it to get a conditional use permit and was there an extra cost?

Stuff you may not expect that start coming in as "extras."