I'm not sure about the Living Trust as I have not gone through that process.

I am in the process of purchasing my first house (woo hoo!)

So I'm under renovations for my first property and I used a conventional purchase and renovation loan, not knowing how tedious the draw process would be for me and my GC, but saw it as the most convenient way to fund the renovations.Doing our best to communicate with each other to ensure a smooth draw (fill out work completed form, get inspector out, review from both HUD Consultant and lender, send for signatures, 3-5 days of processing).

We had to correct many of the structural problems on the house and move a couple of things around on the layout.

Revenue During License Process: I'm eager to get licensed but don't want to lose revenue while awaiting completion.

Do you process credit cards as part of your business or have accounts receivable outstanding?

Revenue During License Process: I'm eager to get licensed but don't want to lose revenue while awaiting completion.

This is what makes a loan officers job difficult -- estimating the third party fees from the beginning (they will get actual costs once in process).Hope this helps!

I like where you're going with your thought process and analysis.

Hi,I am in the process of rehabbing a home I own.