In fact, I've got some bets in the markets that hinge on this happening.

So those were all on my Fico.. my Bank loans from my commercial banks dont show up IE: development loans  vertical construction loans..

Hey @Isadore Nelson - I'd bet my life savings on the fact that there's multiple reasons why other investors haven't scooped this up yet. 

I'm getting to a point where I might want to pursue a lender for future investments but am trying to understand how these lenders choose people to work with.These types of lenders are called "Hard Money" because they are not betting on the borrower. 

@Danny RandolphYeah, I’m currently in the construction field and we usually get a 20-40% deposit, then get draws after certain stages/inspections have been passed

Your construction background is a huge asset—it’s a perfect match for real estate investing.

Quote from @Algerson Andre: Hello Everyone - I own property in Buffalo,NY that sits on a big lot that has the potential to serve as ground for a New construction duplex to be built.

David Greene mentioned that when he does out of state renovations, he likes to leverage property managers to overlook the construction process.

Also hoping it would help me evaluate properties better or gage compentency of construction crews i work with. 

Other than new construction development same here we have no senior debt its all cash.. of course unlevered returns are are a little less but man is it so much easier to manage and not worry about paying the senior debt all the reporting One has to do etc etc.. having been through a terrible down cycle with syndication decades past and watching what the guys I worked for went through and lost I just decided if we cant pay cash I am not going to do it.