I want to use a FHA Loan to finance a spec home new construction for $470k standard ($550k with full upgrades) as my new primary home contingent on selling my current primary homeCurrent Primary home appraised between $280k-$300k as-is or (ARV) $320K-$360k, 2008 build$216K mortgage balanceRepair/upgrade cost $10k-$15k which includes countertops, his/her master bathroom vanity, landscaping, appliances, convert loft w/closet into a room making house go from a 3/2.5 to a 4/2.5, maybe an extended driveway and patio area etc.My question is, my FHA Loan will only finance up to $480K, how do I finance the rest if the purchase price is higher than $480k?

- Pre-screen prospects and schedule one-hour blocks (per week) that fit your schedule- Inquire about the "cash discount" with contractors, some will take off a nice percentage of the final invoice- Pay the extra money to have a Master Key that fits each residents lock

-My vision for this lot, which any common sense person would think is a narrow crappy lot, is the following (we'll see how it pans out in a few months): modern home, geared towards a younger urban buyer, three stories high with a master suite that offers downtown views on the 3rd floor, 3 full bedrooms and 3.5 bathrooms (so three full suites which adds value for a single professional that may lease out 2 extra bedrooms), striking interior finishes vs vanilla.

Updated flooring, paint, appliances, kitchen and master bathroom.

Updated flooring, paint, entire new kitchen, master bath and cleaned up the garden.

I'm convinced if someone mastered all that excel can do, we'd figure out it could cure cancer.

not sure if this can be done these days.. but i seem to recall that you could master meter cable TV or landlines. and make a spiff.. like hotels used to do with landlines.. little off topic  what else is new LOL.but i have a 89 lot new home construction project in Oregon.. 500 to 550k product. and we have a one acre open space kind of in the middle of it.. city does not want to maintain it and so we will put it in the HOA so i was thinking of what I could do with that property short of the obvious play structure.but one thing came to mind and maybe this works in apartments better really is a community garden were your tenants can grow there own little patch of fresh veggies.. 

I just attended the cincy master mind group on Tuesday and wanted to go to the conference.

I've sold many Plex and apartment deals to clients in San Diego and Las Vegas and I have 20 years of full time real estate experience and a Master of Science in Real Estate from USD in San Diego! 

Replaced all of the living room and master bedroom carpet with vinyl wood flooring.