I learned a ton during this process while being able to take some intentional steps to protect my client.I'm going to do my best to explain this without divulging specific details, as I don't believe in having anyone shamed and I do not intend to break my clients' right to confidentiality.The property in question was less than 1 year old, built by a local builder who held full ownership free and clear of any debts. 

Depends on your local rules and regulations, but in the state of Virginia such a practice is perfectly lawful.PS: Do not take model legal language and incorporate it into your contract unless such language comes from an attorney. 

I have been a local home inspector for over 5 years(950 + Inspections) but getting ready to test my hand at Real Estate investing.

Bring a local GC with you when you go so they can get a rough idea of a bid for renovation.

Additionally, over the years I have re-financed over 10 properties with local banks.

Hi Kevin, I would recommend going to local meets-ups.

Hey Martyn, we are in the process of moving closer to Ten Killer and was curious if you have found any local meet ups for investors?

I've already obtained a 5% down conventional pre-approval and am working with a local (Ann Arbor, MI), investor-friendly realtor to find deals.

Since I am not local and cannot have my boots on the ground I am looking at a turnkey who is local to this area.

Many hard money lenders are hesitant to provide loans solely for land acquisition, and conventional loans have been somewhat limiting, especially for land deals.What is best strategies for raising private funds. come to some of the meetups locally in knoxville. our next one is literally called where to find the money and will have a panel of private money lenders and capital raisers.