People also use them when they want to fund a big project, but need to gather funds from other individuals/sources and hold them in escrow until enough has been collected to move forward.

There’s a lot of competition in Portland so it was hard at first and we did not get properties as quickly as we projected to but once we got going, referrals and word of mouth helped us a lot.

Hello, I am looking to partner with a General Contractor on a project.

.- policy if initial estimate exceeded by xxx.xxx amount per guarentee how will exceeded cost be handled - how many current projects at current time .. and all other question per previous experiences , or necessary too ask prior too.Thanks ahead

.- policy if initial estimate exceeded by xxx.xxx amount per guarentee how will exceeded cost be handled - how many current projects at current time .. and all other question per previous experiences , or necessary too ask prior too.Thanks ahead

It is definitely true that most of the developable land in Southern NH has already been developed, I am a civil engineer and all of the projects we do nowadays are very difficult to permit and make work, however it is done all the time.

I think the background in construction and understanding what the steps are for a given project helps me with writing out scopes of work that make sense to a General Contractor... or to a specific contractor like a carpenter or plumber. 

The home needs some significant work which we are excited about, but I am starting to get a little nervous that it is too big of a project for us right now.

I've invested in/renovated a number of single family properties in the suburbs of Philadelphia (Mainline), with values ranging from $400k-$1.3m and decided to tackle a significantly larger project 6 months ago; comps were incredible with high sale prices and very low days-on-market, it looked like a home run.The loan is under an LLC but with a personal guarantee; the renovations are complete and the house is beautiful, but the market has been unbelievably slow compared to the previous 3 years, on which our financials were based. 

Do you guys know of any avenues I can take to get a short term loan to fund the project?