Primarily when downsizing they question your occupancy intent (Claiming primary residence on a fixer upper for favorable LTV terms, with intent to convert to an investment in the short term) but everything can be worked out with proper documentation.

If so, could someone explain how construction loans work and share their experiences?

We promise returns for our partners and worked with previous partners to put together build plans to quickly get the ball rolling with this project.

value of $650,000 already pulled out $50,000 and still have another $275,000 equity Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

We have been working together for ~5 years and have closed many deals.

Just not sure how to set up a partnership in this, especially if I am doing all the work for investments.

You have to have an "existing relationship" if you are or you are working with non-accredited and sophisticated investors. 

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I have experience in wholesaling deals, working with contractors, working with fix & flippers and landlords, and forming relationships with agents. 

Between work and kids it’s always tough to make them.