Read books on investing in real estate, listen to the podcasts, attend webinars and stay active on the forums while connecting with other investors in your area and pick a niche.

Cant wait to really get out there and begin networking and going to these events in the PNW.  

And you get the benefit of having over 100 past ones to catch up on.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.

Read books on investing in real estate, listen to the podcasts, attend webinars and stay active on the forums while connecting with other investors in your area and pick a niche.

Failure is not an event.

Welcome @David Espana hopefully we meet in person at one of the networking events.

Most banks (if they even do construction loans), will require a 700+ credit score and 20% down on the hard costs of land acquisition + construction.Here is what I'm thinking:1) Get a pre-approval for my customers for a traditional loan2) Get some sort of equity down from the customer (cash or land) so they've got skin in the game3) Do an appraisal on the after construction value of their home4) Assuming the numbers work out and we're covered in the event that the original customer can't close, build their home for them with us fronting the money5) Sell them the home at completionI have two questions for you all:1) Do you think a hard money or private lender would be interested in this, assuming I'm offering 12% interest on their money for the 3-4 month build time2) Do you see any legal problems with taking money from the customer and then selling the property to someone else if the customer screws their credit up during the build and is unable to close?

Read books on investing in real estate, listen to the podcasts, attend webinars and stay active on the forums while connecting with other investors in your area and pick a niche.

Read books on investing in real estate, listen to the podcasts, attend webinars and stay active on the forums while connecting with other investors in your area and pick a niche.

If it's too late for that then you could attend the auction and if no one offers the minimum bid then the home will eventually be winterized and listed as an REO.