I want to on the next round.

(I donno what the mods will do with this, as Im still a noob round these parts)On the stoopid PM that you are paying to not call you back (really?)

There are profits at the end of the year and people at the top decide who gets what (raises, bonuses, etc).

Yes,Great depreciation time frames on aircraft.http://www.advocatetax.com/6698/bonus-depreciation-expensing-available-for-2012-aircraft-deliveries/-Steven

Each townhome would cost you $102,000 leaving you $98k for gross spread to pay for holding costs, resale costs, debt service, dirt, and profit.Expecting 8% to sell & 2% for holding costs, you have $78k left for dirt, debt service and profit.Now lets assume you borrow 100% of the constructions costs ($102K which includes entitlements and permits) you borrow at 10%, and for 6 month term, your debt service would cost you $21k (rounded up).Now you have $57k left over, per townhouse, to pay for dirt and profit.

We have a bonus when job delivered on time.

I'll give myself bonus points if I can achieve my goal in 3-5 years ;)

Does anyone else think that this seems borderline to steering in a round about way?

and making the rounds of the community banks to find out more about overlays and underwriting rules for loan #4, 5, and beyond.

I bought one 5 unit property because I was able to see 20%+ on it and get an 800 sqft garage for my storage as a bonus.