@Barry PekinWhat if have decided to put extremely expensive materials in the house?

                                                                                   -4 to 10 layers of roof since the early 1900 (never replaced just covered up)                                                                                                  -No insulation between ceiling and baseboards, no insulation under roof material, some tar and some shingles                                                            -My current problem for the last several months is rain/water coming inside the unit.

A good friend of mine is willing to sell his home to me for 260K.The challenge is I am self employed with 1099's and most banks I know are kind of iffy about 1099 people.I am wondering if there is any alternative to getting a 30 year mortage?

Any advice is appreciated..I grew skeptical of Home Depot and Lowe's...I find they hardly ever have the best prices..most contractors go there because of convenience, but then again, most contractors pass the cost of the materials to their customers :)

So we're staring at several months that are normally when our busy season start ramping up... and we have no income at all, and some substantial overhead (mostly in terms of mortgage payments)While we have even discussed turning these properties into LTRs, I fear that in the current climate in NYC, this is not the time period to start a LTR contract.The only idea that I've come up with so far, is to list the properties at a substantial discount for week-to-month long chunks, and to advertise through alternate sources like Craiglist.

However, if we can just slow things down we are going to be in much better shape than the alternative. 

At the time of my original post I believed I was using authoritative material to post good news to users on this forum. 

We have drones from when we bought the dirt and every phase of development.. we will shoot one Friday with the roads all paved.. then as we start the houses.. make for great material to show your body of work.  

Just because people are supposed to limit personal contact doesn't mean you can't try to function in an alternative matter.

I am a little concerned with material suppliers being able to deliver to the property and how long will the rehab take now.