The biggest question you need to ask yourself is if you are doing this to afford a property you otherwise couldn’t afford or to save money period, that will lead to very different conclusions about where/if to buy. 

This is similar to being a private money lender.

You need to sit down with someone and do this on paper. 

The last few years have been great for investors/homebuyers who bought pre-con, but looking back to the few years after the 2014/15 boom, this wasn't the case, where many had actually committed to buying a property that wasn't quite worth what they signed up for closer to closing because the appraisal weren't matching the contract price, requiring a cash top-up.

Had received an email from this group and spoke with them on the phone yesterday. 

This will clarify and reinforce what you are reading.

Thanks Meghan, this would be my first purchase so looking to start with a smaller sq ft facility, around 50k.

I believe this is what they call a pier and beam foundation which I have no experience with so I have no idea what it would cost to fix. 

All this is to say, I believe it would be money well spent for sure... 

We need more of you in this world.I look forward to seeing you on the boards!