Inititially I was going to buy a whole portfolio off an investor which looked solid in a big picture but some of the properties were not performing individually at all so we will build from scratch.

These flips are normally pretty extensive rehabs with large profit margins.

Figured Id take a a quick second to introduce myself to the Bigger Pocket community.Reside in Fort Laduerdale, FL with extensive back ground in capital markets investing.  

Great point on the solo 401K/SEP IRA stuff, you can really pump a lot of money into those.Hope these investments don't default/continue to perform so I can actually have decent revenue.

Our decision was based on a few things: we were undertaking an extensive rehab, we had little experience finding and screening sub cons, and we did not want the time crunch of high interest beating down on us.

I have been actively acquiring Notes since that time.I like the the passive nature, the safety and the cash flow that I receive from Performing Mortgage Notes.

I would contact your agents broker and everyone else involved to get an extension and an idea what you are looking at before you close

At present I have a special interest in developing a business in Assisted Living Facilities for Independent Seniors, I have an extensive clinical background and experience in Internal Medicine and Senior Health care for over 25 years as a Physician Assistant.

(Of course double check their work later) ALMOST always the guys will be willing to perform sidework and either have their own equipment or use the companies they work for and will have connections of their own for other contractors with large concrete saws, a pump truck, have an in with the inspectors/codes etc.Largest concrete project I've put together to date was a 33 yard pour.  

We have some local attorneys that can perform this role, but I am worried they'll run the meter and provide poor value to investors in a workout situation.