Any monkey could go to a group of small real estate investors or construction/rehab types and with cash hanging out of his pockets offer to loan it out and there will be those who will take it.

You would be wise to hang with construction estimators or take class like the fix up class that Norris Group does in California.

I'm also looking for newer construction properties like year 2000 and up.

As for me, we do new construction, so can't really be of much help on your questions.

That would be adjusted up for landlord paid utilities.

Determine the ARV for a finished home comparable to what you'll buildSubtract selling costsSubtract construction costsSubtract land development costsSubtract acquisition costsSubtract carry costsSubtract your desired revenue= property value for you.Comps are irrelevant in land buys UNLESS your property valuation is greater than a comparable property.

Depending on the appraiser, your COMPS may not be accurate, which means the LTV (loan to value) may have to be adjusted.

All it takes is one of the uneeded detectors not to work and its a failed inspection.AFCI breakers are only required in new construction in bedrooms, currently.

Some were lending arrangements, but one as the holding company, one management, one construction flips besides the lending entities.

We would still need a loan (looking for a guidance line with a local bank) to help fund purchase and construction costs.