The process from start to finish would take four months and cost ~200k to build, with comps in the area around 355k-lender man said, refinancing would take six months as most lenders wont refinance a property unless its been built for six months, affecting the strategy to get paid out from refinancing quicker and closing out on construction loan-The property would not appraise at comps value, but at the cost it took to build, affecting getting paid out from the refinance.

depending on how backed up the county is it can e take a few months for court date. in essex county it took my mother in law about 8 months or so for the full process. she had an attorney, not sure if that sped anything up

I imagine the whole process is simpler but can anyone tell me how different it is when you don't borrow the rehab costs?

My though process in undercutting the bank by 1 % was to possibly attract qualified buyers.

Foreign nationals have the same rights to purchase real estate as German citizens, making it easy for Americans to invest in the German market without additional legal barriers.Furthermore, Germany has a transparent legal process for buying property, ensuring clarity and security throughout the transaction.

I'd really appreciate any insights or resources from those of you who have been through this process.

I don't understand if I count since I'm living in the property or if it's only the tenants that count towards the limit of individuals that are unrelated living together.

Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.

Each state might have different process.  

I'm seeking to be in an environment with like minded individuals to learn and network to grow my portfolio and eventually network to collaborate on larger deals once I have a better understanding of the commercial side.