Typically banks are most interested in debt to income ratio and how leveraged out you are.

Typically to make money with a house (assuming you’re living in it and not adding major value through rehab) you have to live there 5-7 years since at the beginning of your mortgage it is mostly interest.So with all this in mind, with the information you’ve given me, I would recommend selling your condo and renting where you live next, until you get a better idea as to where a good rental is.

I think the only lot I’m aware of around here is in Tosa and it’s around $60-80k for a typical city lot.

They will typically ask for 15-20 % of the total project costs and at least 6 months of mortgage payments to fund your project.

Typically you need to be at least spec, and then perhaps you may want to go wider to ensure that it can accommodate large moving trucks, turning around, & so forth. 

Typical items to include in a partnership agreement include1) How income, losses will be allocated to each partner2) What would happen after the result of an unforeseen event(ex. death of a partner)3) how/when the partnership will disolve4) Who will manage the partnership5)etcOnce you have the partnership set up - the partnership will not be eligible for conventional financing.

Also keep in mind the price on a refinance appraisal is typically going to be more conservative than the actual market value of the property.

If typical finance avenues don't pan out, always check with credit unions. 

The cash  I put in the building is needed to fund my next project.What are typical terms of construction loans?

It’s typically quite challenging to make the numbers work to cash flow here.