I've been in contractor that deals with construction and we do not mess with buildings that have the A word in them because of the liability.

If you do have to sell you are limited to what the new construction is selling for . 

Financed using bridge loan 90% LTV, with 100% of the construction covered by the bank, will refi into 30 year term loan in 12 months from purchase after stabilized.

I would recommend reading the following books;Millionaire Real Estate Investor by Gary Keller - This book is all about reverse engineering your goal a breaking it down by steps.The E-Myth by Michael Gerber- RE Investing, construction, development, property management, etc. 

From the due diligence phase all the way through construction. 

I can recommend a very good guy.Jellies Construction, L.L.C. - (269) 870-0706

Hi All, I am a construction project manager that lives in the Chicago area but will soon be placed on a team to help manage a large commercial project full time in Columbus Ohio.

Hi All, I am a construction project manager that lives in the Chicago area but will soon be placed on a team to help manage a large commercial project full time in Columbus Ohio.

I know that the seller's agent is requiring a true construction loan to purchase the property.

Gary helps everything make sense by reverse engineering the goal of $1M income and getting that goal chopped down to actionable and measurable steps.The E-Myth by Michael Gerber- Highly recommended no matter what type of business you’re looking to begin - RE Investing, construction, development, property management, etc.