|Getting The Construction Loan||<– Date –> <– Thread –>|
|From: Joani Blank (jeblankhooked.net)|
|Date: Fri, 12 Jan 1996 01:58:01 -0600|
John, I'm sure you will get some lengthier responses, but my brief one is: coonsider getting a developer to work with you. It is all well and good to try to save money by being your own developer, but it may be that if you don't "hire" a developer to get the financing together, you may not be able to build at all. Just like you can "save" $400 on a $1000 couch that's 40% off, but if you don't have $600 you don't got a couch! The developer's cut may seem like a lot--with some luck you will find a developer who will be reasonable--but he (or she) is taking a pretty big risk and people who are able and willing to gamble like that get well rewarded in our culture, when the project they are building works. Remember, not all of them do. Joani Blank >
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