You could just draw up a contract with the wholesaler.

Has anyone ever used google's drawing program to layout houses?

The local bank my mom uses gives her a renovation budget, usually in a few draws.

Repeatedly drawing down the water to the pump can cause a pump to fail prematurely, which has its own cost implications.Hope that helps.

Until a second, and third and fourth lendrer draw the same conclusion.

I'm back to the drawing board but I'm at peace with that decision and very grateful for their generosity.

All rehab funds should be escrowed or held by a 3rd party with draws being made upon progress.

Just use a different campaign.You need to be patient and talk to an awful lot of callers before drawing too many conclusions.

. $20-$25k (if I use my neighbor, prob. be able to do a 5% deal on all 3 houses)My friend/GC would be the primary GC and I would be assisting and learning as much as I can and trying to lighten his work load bec. of his lower cost.He has built several of these houses and already has the plans draw up and they have been selling for $400k and his new builds will be going for approximately $415k as the first few were sold to establish the street.Being conservative I estimate a profit of approximately $60k +or- per build.I originally was looking to borrow $250k per build to leave room for unexpected costs, and I was offering 15% of the borrowed amount upon completion of the project (not APR) and no monthly payments.

Thank you so much for all of your insight, I'm gonna go back to the drawing board for a bit and will reach out to you guys very soon.Thanks again!!