Get an attorney, default the contractor, sell the house and move on.You will most likely take a significant loss, but in many instances people will not want to let go and it ends up costing them more In the long runSorry you have to go through with this as it sucks when dealing with people like this which is why I always tell people never ever partner with your GC.

figure out what banks are doing small construction loans.. for instance I found Ameris bank a few years ago and while it took a year and a few new builds we did they moved us right to a 3 mil guidance line and we are building in Orlando area right now and they are out of Charlotte.. and i live in Oregon my partner is in Virginia 

What it really boils down to in most instances is do you have money to put skin in the game.

For instance if you have 40 units and 6 units are vacant, 85% are still paying and you can still cover all your expenses whereas if you have a SFR and its empty that's 100% vacant.

There are some instances where the activities above could be a legitimate activity, but they must be analyzed very carefully.

Even though they only charged 8.25% of gross rents and no fill or renewal fees, they didn't triage service calls enough and lit me up for $150 a month to collect $60 in coin laundry quarters, for instance. 

For instance when you purchase a property, the underwriting guidelines on the loan are to use the lower of the appraised value of the home or the purchase price....the lower of the two is what the LTV is based on.

Never forget, famous people you are following has to speak for general audience.

For instance, our boilerplate contracts state that if we "procure a buyer who is ready, willing and able to buy at a price and on the terms set forth herein...BROKER shall be due a fee of __ percent of the selling price, whether or not the transaction closes or title passes."

We are clearly in the midst of a rapidly shifting market, and people who make the wrong moves right now can easily end up in hot water (for instance, going upside down on the mortgage if prices continue to drop, having insufficient cashflow because of the high rates, etc., etc.).Do the limits of your current mortgage expire at some point?