I want to establish a team in GA to assist with maintenance (electrician, plumber, contractor/fix it person etc.).

What might be insured is between the insurance carrier and the lender.Considerations are vast, the local economy, the project, management, financials, timing of the project to completion, basically all areas that a lender will consider.As to sub-prime, never heard of it, as coverage is generally afforded to strong borrowers, developers that are entering a project at a higher LTV initially and the LTV is reduced as a project comes to completion, the initial risk.Apartments or properties held long term can be insured but again usually to cover the LTV risk, that is risk enough and to add sub-prime credit, management, or low debt coverage issues really isn't an insurable risk.

Guaranteeing a loan is not the same as being the maker (borrower) of that loan.

I don't believe you would want to, nor are allowed to borrow against the mortgage.

I'm willing to assist.

If it's a head broker they can determine what they will work for but if it's an agent or assistant broker etc. they have to do what the brokerage wants as it's the head brokers client.

If I had $100k and needed it to throw off $72k, I'd buy a lot for $70k-90k, borrow $200k via construction loan, build a spec house, and sell for $350k-$375k.

Good thing you stumbled as you can see you already have received assistance.

I'd love to offer my assistance on any projects you may have in the area, if you'd like me to.

Closing=2320.72Total cash from borrower?