We went 50/50 (both in terms of capital and sweat equity) and committed to taking sabbaticals from work to manage the construction ourselves.

I was wondering if anyone had any good construction contacts who can help me get them resolved. 

(We applied for a new construction permit and one of the steps was to ensure tree canopy was preserved to a certain percentage)The seller (previous owner) was the one who did the tree removal Tree removal was done prior to our lot acquisitionThe seller acknowledged that all fines and penalties were paid in line with the tree removal PRIOR to acquisition. 

The Milo’s tea plant was recently built there, there is a Macy’s distribution center right across from Milos, and a lot of other new construction in and around Owasso.

It looks like if that's the case, investors might as well cover the construction costs and not go thru the hassle of a draw. 

Hello BP members,So I am about to close on my 203k construction loan; however, my appraisal came in lower than what I needed it to be at.Details:Purchase price: $105kRehab + contingency: $100kLoan amount: $205kDown payment amount: $13kAppraisal: $185kUnfortunately, now I have been given a couple options from the lender which are:1.

We plan to build a home and sell (construction budget $250k, home should sell around $400k).

You could also check permit activity and see who is pulling a lot of new construction permits....

Complex construction projects are the easiest way to lose money, and the toughest for inexperienced investors to be able to pull off.There are a lot of inexperienced contractors as well who will gladly give you a quote for $50,000, get half way through the job and not be able to complete it or need another $50,000. 

@Lydia Barnew construction in conroe texas.