What made you interested in investing in this type of deal?

I've coordinated 30+ projects for investors now, seen the fix and flip process up close. 

If the salesperson can't give you an answer, request to speak with the Area Sales Manager (or whoever is managing that salesperson).I have never worked with Ryan Homes, but in my experience with my builder-clients, we typically want to continue using the model/sales office at least through sellout and potentially even longer depending on how many homes remain to be closed.

Having trouble analyzing this deal as there are so many variables and I do not have the experiencing analyzing deals to make me feel comfortable taking the risk.Purchase price of the land would be $250,000 not including closing cost or fees, and construction for a new 3/2 home with an attached 1/1 ADU is estimated to cost around $300,000 - $400,000 finished.

These standards include a mandatory five-day grace period for rent payments, a 30-day notice for rent increases, and a 30-day notice for lease expirations.Borrowers must incorporate these standards within six months of closing a loan, and full compliance is required within 24 months.

I need $65K to close the auction.

I have a family member that’s willing to lend money from their HELOC for my next deal to cover rehab costs.

We really believe in the power and efficiency of modular building for rental units as well as pursuing some seller finance deals.

We act as your 'boots on the ground" for every deal we work on.  

What made you interested in investing in this type of deal?