Quote:
Originally Posted by Ducay
Problem is normally builders do this because the profit is in selling both. You're going to be hiring a building and their money is going to come from any profit you make on selling the other.
Based on the nature of questions you've asked, I do not suggest you do it as the prime contractor.
"so I can have some design influence", you think when you hire a builder they just build it based on some spec design and don't let you make any changes?
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My understanding is that most builders have a few 'stock' duplex designs that they build. Obviously you can tweak those to some extent, but you can't completely redesign without spending big bucks on engineering and design.
I started this thread because I'm interested in learning about the money side of things. I.e. What options do builders provide? What are my options with traditional lenders like my bank? Are there other financing options out there? Tax issues? etc...