Just be clear that it comes with the risk of losing the potential rent for the duration, having to pay for an eviction and having to cover whatever repairs and/or remodeling required after, with little to no recourse from the person.

There's not much you can do unless the lender offers you the ability to extend the rate lock - for a fee, of course.Interest rates have been rising, not falling. 

@Bernie HuckesteinWhile you are not personally using the IRA funds for personal use nor is the IRA extending credit to you, I don't see it as being prohibited.

But because I built that rapport up front, he let me extend the dates back.

Third, the contract will typically specify a duration where the agent still gets paid, particularly if it was their lead.

The problem with scaling up aggressively is you generally extend yourself more and more and more and the learning curve also doesn't go away if you're taking on larger/different projects that you haven't tackled before, hiring employees, entering new markets, etc.

These factors should form the basis of the land buyer's purchase offer for critical deal points such as the timing and amounts of the payment of forfeitable earnest money, the closing date and if needed payments of additional earnest money to extend the closing date if need be to allow for final permitting and secure project capital.The last thing any developer wants is to need to meet a closing date prior to having a fully permitted and funded project.

It may be hard to add more windows, but what about a skylight or extending current windows with an alcove.

I know legally you have to be a licensed broker to manage properties for other people in Oklahoma, but I don't know how far that extends for family properties. 

Hi David--Since most flips are short duration loans, interest rate is usually of much less importance than cash-on-cash return.