I’m on my second project and now I’ve bought a property that is 4 blocks from a major university.

I’m on my second project and now I’ve bought a property that is 4 blocks from a major university.

It is more of a project tracked by the lender than a project you are running.

Progress payments to be made upon your inspection and approval, holding out at least 10% until final inspection and approval of any permits, and 30 days after completion or until unconditional lien releases are submitted for all subs and materials for which preliminary 30 day notices have been filed.In larger time sensitive projects you can also negotiate for of a performance bond which would compensate you for failure to complete the project on time and to the specifications in the contract.Always check the status of the contractors license with your state contractors licensing agency and verify that the guy signing the contract actually is the contractor whose license is being provided.

Your friend may be good at landscaping and carpentry...but there is a lot involved in a full-fledged fix and flip.You should protect your investment and hire an additional person to oversee the project and let your friend learn on what he needs to look out for.

Our estimated was $45k rehab which end up at $72,550.00 project.

The easiest thing to do is to find a lot that "matches" your desired project.

I'm currently working in project management for a commercial general contractor in the downtown DC area.

Hi everyone, we have a lucrative East Vancouver, British Columbia in  project that has permits ready that we are looking to either sell now or get a Hard Money Loan for construction. 

What about all the unknowns that pop up and throw a curve ball at the most sophisticated & experienced investors.