Look at Elizabeth Holmes (maybe not the best example), but she had some ideas and seemingly little experience and was able to raise $1mm to get Theranos off the ground, but don't follow in her subsequent footsteps and lie to investors.  

Find a local real estate attorney and he or she will draw up the note and mortgage.

My contractor was spread thin, and the whole draw process and rigor of the 203K just beat him down- I think he got out of the business after my job :(You should also have some cash reserves and a contingency fund for 203K, because adding scope and cost is not easy, but you're going to want to do it.

My contractor was spread thin, and the whole draw process and rigor of the 203K just beat him down- I think he got out of the business after my job :(You should also have some cash reserves and a contingency fund for 203K, because adding scope and cost is not easy, but you're going to want to do it.

The Progress Inspection fee is actually for max 5 inspection fees used to pay the 203k Consultant each time a draw inspection is requested and the 203k allows for max 5 draw payments to the contractor. 

Out of the other 3, the 15% and 4pts and additional draw fees, inspection fees, etc. was just too much for me to pay and to risk, especially with a property that size it could have cost me even more trying to find the right buyer.

I’m doing a 44x16 patio to include outdoor kitchen, pergola, lighting, etc. looking for someone who can draw this outThanks

However, the loan will not pay the contractor upfront of anything until the consultant approves for a draw after work has begun and monies are based on progress.

Some places you can have the title company draw up all the paperwork including owner carryback notes, others require licensed mortgage brokers.

Then we take draws on that money during the rehab.