Later, I was also in non-profits, with gut rehab to new construction, developments but not fair to compare with an individual flip, drew a salary, fees and benefits.

I am doing my first purchase with financing now but I have two rentals (one now and one under construction) that I need to cash out refi soon.

Residential construction sees the most lax regulation in regards to soil compaction and concrete quality.

As Jon mentioned portfolio loans, a bank can make a purchase money loan and advance additional funds as a construction loan and when the project is completed provide the take-out or perm. loan, even place that in the secondary market.

(a NYS home inspector) to look at a 5 bdrm house in Westchester County.

We are in the same area as he is, but unfortunately don't do flips, we do new construction.

Back then if you owned it you could work on it, inspectors walked through, if they didn't get hurt you passed, some places had no inspections!

Obviously, the construction crew who replaced the roof felt that it was strong enough to support their weight, the plywood sheeting and the shingles.

My day job is in selling construction materials, brick, block, stone, landscape, etc. for new construction and remodels.Owned a duplex years ago but being newly married at the time and then kids on the way, sold it due to lack of time and the cash flow was not good enough for property management.

These are all new construction and are attached to each other.