Communication, writing, making presentations, soft skills, project management those are all things that although not directly related to your major are in high demand these days and work to your advantage in almost any environment.

@Greg DickersonThanks. 30%. sounds like a very safe margin.I've heard the term soft costs used by residential developers when separating costs of land, debt service and the hard costs of construction.

Are there any companies who can pre-approve with a soft pull?

Thats why due diligence is a big part of development and thats why development is higher risk....because you have a lot of soft costs up front that you could lose.

It looks like you are forgetting the soft costs in the equation.

When applying for loan for new construction, I have to provide a take off (estimate), with soft cost and hard cost, with a set of plans.

Buy on contract, use hard or soft money, just dont use your own.

If you have an ADU on your property, it's super easy to find out approximately how much you can take out through just a few clicks with only a soft credit pull...A side note: the founder of Figure.com Mike Cagney also founded Sofi and they got pretty some impressive investors.

We know the risk associated with not being able to physically see the property and the work being done - so our proprietary soft-ware allows you to remotely manage your project from anywhere in the world with real-time updates and direct communication to your project's team.Regardless of your market, starting with a realtor in the investment industry will boost your chances of being connected to the right people to start making things happen.

They will walk all over you if you give an inch and appear to be soft.