I have tried to contact several attorneys and I have not been able to find one that is interested in the case because I don’t believe the contractor has money.But I definitely don’t want him doing this to anyone else.

I think it is a lower risk building this in the center of a city than on 4 acres with no utilities in the center of a rural area without comps or limited comps and only a vacation rental market. my buyer pool is much larger being in a big city and urban and buying infill lots like in columbus ohio. this is just our strategy, I'm finalizing the renderings and everything next week an in contract on our first build for builds in Texas but this is what I would do.

I'm young and ready to take the risk If that means It will take years to cash flow I'm in for the long haul. 

Even though the intent was to hold the buyer harmless, he’s still involved in a suit, which means you need his permission to run that risk on him.Bonding over a lien is done all the time, but it’s not substitution, and it needs the buyer’s permission.

I also have several fantastic lender recommendations with some unique products that may be of interest. 

This can build equity and potentially increase rental income through property appreciation.Another option is to sell one or more properties to free up equity and reduce mortgage debt, which can be useful for reinvesting or diversifying investments.refinancing one or more properties to lower monthly mortgage payments and increase cash flow could also be beneficial, especially if interest rates have decreased.the best course of action depends on the clients financial goals and risk tolerance

I know several lenders that'll do a loan in your LLC, but it'll be a debt service coverage, ratio loan or dscr.

Before deciding, conduct market research, consult with a real estate professional, and weigh your priorities, considering your need for immediate capital, risk tolerance, and long-term goals.

What I am looking for right now is a hard money lender that will do a cash out refi on this property because I have several deals in the works that I would like to close on.

I was able to chat with several investors and contractors and hear some insightful stories.