If you think finding a property is a lot of work wait until you actually get the construction project going.

Your question is if the sellers subordinates to the HML so you can get rehab funds and said lender wants to be in first ( demands) and your seller is in second ( subordinated) if it goes TU what happens to the Seller's subordinated interest.I think that is what your trying to say.Well the seller ( who has a subordinated interest) is in second position if the first forecloses the second ( seller ) needs to cure.. either pay it off or pay the payments. this would mean you defaulted as the buyer .. they keep first current and foreclose on second they end up owning the property subject to the first.. and you are out in the cold.Very dangerous position for a seller. one I would never personally do or recommend unless seller is very cashed up and can easily take project from you and pay HML off in cash.the most dangerous lending position is subordinated loan to FTD construction loan does not get much riskier and if they go to an attorney for advice I highly doubt they will do the deal.

I have family in the town I'm building who work construction so I'd be able to pay them as contractors for some of the work on the home and more importantly I'd have people to keep eyes on it for me in between trips back and forth.My question: is there any way I can avoid capital gains on this investment build?

The second one was 780$/m2, hope by the end of construction ot will rise up to 1100-1200.2.i want to rent these properties out.

I have previous finish construction knowledge and experience, I am currently serving as an admin in a large company and I am working on getting my brokers license.

I'm new to real estate investing however, I know my way around construction sites as I have been in the industry for over 20 years.

I work in the retail construction side.

I have applied for a 203k loan and in the final stages but my insurance company just turned down the policy due to the construction.

I constructed an amortization chart that helps me with my accounting and knowing the balance.Coincidentally, I'm in communication with the bank regarding assuming the loan or, at the very least, changing out the insurance so that we're covered.

Only use this in new construction.