I also have the ability to take a $50k loan that would cover my closing costs.

An entire blog could be written about the cost of manually driving for dollars… such as paying for gas, depreciation on your vehicle, the cost of your time, etc.In another example, imagine you are virtually driving for dollars in the same target neighborhood and zip code..

The payout on these loans buts contracts at a tricky place having to absorb some of the initial costs while waiting for the drawls to occur.

However, the intrinsic cost of this "sweetheart deal" is dealing with a small bank underwrite.

Scale comes down to just a few items which I can tell you for free right here.1. 

Please feel free to reach out with advice, questions, or collaboration opportunities.Best regards,Jeff Pena

My realtor/PM says $0.95 to $1.05 per sq. ft. is a reasonable monthly rent for a 4 BR/2 BA property in that area, which (according to the BiggerPockets calculator estimate I did) is enough to cover the monthly payment plus the above costs I mentioned.I anticipate putting down my deposit and earnest money in the next few days. 

They usually have a free online portal for fraud ime.

We've found funding for the construction costs, but not for the actual lots themselves.

Partner Driven financed the 4th Pl SW deal using its own capital, covering both the $100,000 purchase price and the $73,000 renovation costs.