I have know some builders who slowly, over time dumped a few truckloads of dirt on an empty lot and graded it level and left it alone.After time passed they brought the matter up again.A surveyor can do a spot elevation at the building site, if the site is not in the flood plain the permits are usuallu granted.

The gurus make it sound as simple as advertising the houses but as any experienced builder, rehabber, flipper, real estate investor, wholesaler can tell you #1 you have to know your market & #2 you have to know your market & oh, by the way #3 you have to know your market.

Builders are building right now and are able to build new houses priced lower than the market values of old houses (for the price range under 300 K).

Might be paranoid, but being remote (and probably not a plumber, electrician or builder, but I'm just guessing), an internal issue of magnitude could cost you far more than those $2,500.Would be very interested in hearing how this all turned out - good luck, stay firm, and DEFINITELY ditch that guy, I'd say.

I am not sure what type of niche i want to get into just yet.I am enrolled in a Fortune Builder workshop that is 3 days in Nashville coming up in January.

There are many threads and posts on bigger pockets that will address construction and I know I posted one that would take the builder from day one through completion of the home.

However, builders that I talked to were complaining that the actual costs with a new house (done before drywall) was 5% not $5,000, so that on a $300,000 house was $15,000 not $5,000. fwiw

Maybe it's something you could wholesale to a builder, provided any new construction in the area has enough retail value.

Typically, an intermediary will take title, sign the contract with the builder and have the improvements completed.

Cash isn't an issue, but I am trying to figure our how to structure my deal with the builder with profit splits etc.How do you normally structure your deals?