Hi Everyone,I have a client interested in building a new home on a private lot(not in a subdivision) he's married to the idea of staying in a specific location, so buying in to a new development is out the questions for him.I am looking for a builder in the area who can help guide me through the process he has the lot chosen and we confirmed with planning and development that he can indeed build the home he wants now we are looking to find out how much it will cost to build.He's looking to build2 Story home*4 to 6 Beds3 to 4.5 2,600 - 3,200 sq. ft3 Car Garage*round drive wayis looking to pay cash to buildPlease let me know if this is something you can help me with.

Ok, Ive received a call from someone whom is interested in selling his house, he recently bought it in Dec for 65K, according to him he only owes 55K and wants an extra 10K for the amnt he put into the home.

Ok, Ive received a call from someone whom is interested in selling his house, he recently bought it in Dec for 65K, according to him he only owes 55K and wants an extra 10K for the amnt he put into the home.

The buyer should expect to have to come up with extra cash to make up the difference, above and beyond the contract price.....which means you adjust your contract price accordingly, before submitting.If the house is underwater on just the first, the second should expect about 5%.

I know if you're buying in a development prone to assessments, this can have exactly the opposite impact on your risk, so I would recommend doing a little research on the HOA: - who is president / serves on board? 

I can afford it... just would rather put the extra money into the next deal. 

ie do you have to pay any extra for maintenance/capital expenditures?

He said it’s an very unusual request and due to federal laws, I needed some form of documentation for anything extra being put on the HUD statement.

What would compel a landlord to take on a tenant without a lease (other than extra rent)?

I'd like to transition into multi unit investing some day because in my head I see it as more manageable but with a PM in place maybe it doesn't matter.For my day job, I'm a software developer (Android historically).