I think we could still get a loan and buy a duplex which would help us with the funds for our current project.

I can surely use my agent to help, but understanding the logic/math behind it would be very helpful so that I can analysis deals more efficiently on my own.Thanks for the help!

The GC should give you plenty of feedback and you can hire him for your project if he seems competent.  

Need footage taken for a project in North West Houston...

A slow paying construction loan that rolls to a conventional with us funding the project then paying ourselves back?

You want a product as food or better than the homes you are using as comparables.Without seeing your project I'd be very tempted to gut the exterior walls at least so I could insulate.

And with cash, you have the freedom to shift your investments into what ever you want, like a project overseas. 

However after my showing I think its a much bigger project than I anticipated and likely wouldn't qualify for traditional financing, so wanted to ask the community about how larger developers are turning these big old houses into multiple condos all over Boston.

I can see "a good guy" charging you $5,000 to $6,000 total for this project. 

Additional BackgroundContractor says there is a lot of "unknowns" in the project.