Thanks for posting this @Holly Nole and leaving yourself open for constructive feedback. 

I think you are referring to pier and beam construction?

Let's geek out a little and look at new development from the point of view of an economist.First of all, real estate is cyclical and typically, there is a period of expansion in inventory (period of new construction) after the recovery of a crash before you enter the "oversupply" phase and back into another recession. 

As soon as they officially retire the HUD-1 and everything kicks in, no one but alternative finding is doing 30 day closings.Third, you can't execute a lease to a property you don't own or have a specific interest in; although a contract for purchase gives you constructive interest in the property, it's not the kind you can use to execute a lease.It also sounds like there's a lot of confusion over the process here based on some of her stuff said; this is where an agent can be helpful.

No principal is not going down - I did an interest only loan because I was blinded by the pre-construction flip greed.

There are many reasons actually, but for an easy one - most people building new construction are not funding 100% in cash.

I am Investor with a construction company.

Construction is wrapping up by this point and far enough along that the property shows well in the video. 

I did six live-in flips and did most of the work myself, but I didn't mind going slowly and living in a construction zone. 

But could this imply that a 100% loan is possible on new construction?