This is sort of a weird question but bear with me......I work for a builder and am also an investor on one of our projects - we do new construction spec builds in higher end areas usually between 1M-2M......we've been sitting with our house a little longer then we expected at this point - we dropped the price 70,000 from the initial listing price and am contemplating our next move if we don't get bites in the next couple weeks....my question is how much of a drop is worthwhile?

Here in the Washington, DC area we have several non-profit stores that re-sell donated construction materials and finish materials.

I do understand there are advantages for using preferred vendors as well, but given that it’s clear I know very little about real estate, insurance, and construction, I’m worried that we’re going to be taken advantage of.

In hindsight, I wish I started as a wholesaler to learn ARV and construction estimating before risking my own equity. 

As far as hanging around for the process and the actual construction there might be an issue with a contractor's liability insurance and workman's comp policy so that subject may come up. 

There's nothing different about valuation in NYC than anywhere else.In fact, depending on the neighborhood, due to a fairly homogenous housing stock (eg; stick construction 3 or 4 family row-houses), I'd argue it's easier to value some properties because they're all "the same".  

This is becoming real annoying, was wondering how you guys construct the ads so that you can minimize these, calls only maybe? 

who gets the vertical construction loan ? 

I felt this would complement my Construction Science coursework and home building experience. 

Lots of construction(rehabs) and investing going on in the area.