Got an interesting situation.  COE was dated 9/12.  Lender funds arrived 9/12, Buyer funds arrived 9/13.  Some lender conditions were not met, but lender gave authorization to disburse the funds 9/13.  Escrow company ...

I've got all the plans and proposals ready, and we're looking at about a 2 month turnaround to complete construction and 30 day max to get under contract w/ aggressive pricing, w/ 45 days to close.

If those people have a signed lease though also through October, to use the whole building then my question would turn to - Why would a closing date of Sept 20 be chosen if they have a legally binding contract to be in the building through October?

Private loans are private loans and contracts are contracts, right?

As a small startup trying to educate myself on all things legal and RE, cash flow, utilizing online resources ect, BP has been priceless! 

For the sake of a meaningful response; assume that you put a property under contract for $25000.

Not under contract, not wholesale, so no super tight timeline.

I have the bank all the info on the properties I was looking at, I had my contractor walk the property with me twice before I got it under contract and give me an estimate.  

Unless you know how to handle the situation yourself then get a contract on the property contingent on your partners approval.

If they own several they are obviously investors.Once you get a response from the seller of the vacant house, negotiate a deal to buy it for all cash and get it under contract.