See where rehabs and new construction are taking place.

@Paul WinkaThe IRS has a terminology of "constructive receipt".If you have the control or means to collect the principal and interest upon the close of a transaction - then you should report the interest income.If the terms of the loan is lending $100,000 at 10% with interest and principal to be paid in 1 year.

I have a friend who purchased an empty lot a few years ago, developed plans for around 200 apartments to be built, but didn't have the resources to cover the construction/interest costs until revenue could be generated. 

But with new multifamilies properties being constructed like crazy in my area (Ohio), I cant help but wonder; why?

If you need cash for the rehab, best bet is to partner or find a HML.

Hi All,I am building a 20,000 Sq. Ft. retail strip center in Pearland, TX. Framing is done and we are looking forward to leasing the space. ETA is about 45 days until completion. Does anyone have a good experience wit...

I'm betting they won't get any more than $200k. 

I don't know east coast, but here in CA new construction we are on hook for 10 years, waterproof is one of those things I have to go with big shops.

Instead of hiring someone I took it upon myself to do the majority of the work since I have a background in construction.

Your best bet is to hire a buyer's agent and he will walk you through what's needed in your state.