WEBVTT - REAL ESTATE CONSTRUCTION LOANS EXPLAINED

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<v Speaker 1>An illegal alien from Guatemala charged with raping a child

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<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

0:00:07.720 --> 0:00:11.840
<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

0:00:11.920 --> 0:00:15.840
<v Speaker 1>filming and selling child pornography in Michigan. These are just

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<v Speaker 1>some of the heinous migrant criminals caught because of President

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<v Speaker 1>Donald J. Trump's leadership. I'm Christy nom the United States

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<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

0:00:28.160 --> 0:00:31.680
<v Speaker 1>crossings are at the lowest levels ever recorded, and over

0:00:31.760 --> 0:00:34.960
<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

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<v Speaker 1>are here illegally, your next you will be fined nearly

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<v Speaker 1>one thousand dollars a day, imprisoned, and deported. You will

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<v Speaker 1>never return. But if you register using our CBP home

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<v Speaker 1>app and leave now, you could be allowed to return legally.

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<v Speaker 1>Do what's right. Leave now. Under President Trump, America's laws,

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<v Speaker 1>border and families will be protected.

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<v Speaker 2>Sponsored by the United States Department of Homeland Security, construction.

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<v Speaker 3>Loans and once again, construction for not construction like you're

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<v Speaker 3>going to build an apartment building like this is if

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<v Speaker 3>you buy a plot of land, correct, and you just

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<v Speaker 3>want to build your house as opposed to building a

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<v Speaker 3>house buying a house that's already built.

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<v Speaker 4>Correct. So you know, typically, like you said, you buy,

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<v Speaker 4>you get a piece of land, and now you need

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<v Speaker 4>funding for it. So there's two ways you can go

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<v Speaker 4>by it. If you're the consumer, If you're the home buyer,

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<v Speaker 4>you can buy the land or cash, which I would

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<v Speaker 4>recommend buy whether it's cash or you use a credit card,

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<v Speaker 4>whatever means you find to buy that piece of land,

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<v Speaker 4>because I feel like this is the easiest way to

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<v Speaker 4>do a construction loan. And then now you go to

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<v Speaker 4>the bank to get a construction a permanent loan, where

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<v Speaker 4>now that construction permanent loan is basically it's treated like

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<v Speaker 4>a refinance now because since you already own the property

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<v Speaker 4>and so there's no rush right to get your plans

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<v Speaker 4>and your permits and things of that nature. Because with

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<v Speaker 4>most construction loans, when you're talking primary residences, which this

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<v Speaker 4>conversation is about, the bank is only going to give

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<v Speaker 4>you a construction time of nine to twelve months. So

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<v Speaker 4>we all know permits can take six months. So if

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<v Speaker 4>you do a one time closed construction loan, which is

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<v Speaker 4>you're buying the land and trying to get the construction

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<v Speaker 4>loans simultaneously, and you're using the bank for the finance

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<v Speaker 4>and of the land as well. That's when I see

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<v Speaker 4>problems arise because you're not technically the owner of that property.

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<v Speaker 4>So you can't go out and submit architectural plans to

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<v Speaker 4>the town that you're buying the property in until after

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<v Speaker 4>you close, because you technically don't own the property unless

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<v Speaker 4>the seller of the property is willing to submit the

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<v Speaker 4>plans on your behalf, which in most cases they're not

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<v Speaker 4>going to do that, right, So it's much easier for

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<v Speaker 4>you to acquire the land on your own then use

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<v Speaker 4>the bank for the construction loan to build your home.

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<v Speaker 4>And the reason being again is because architectural plans can

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<v Speaker 4>take depending on the scope of your work, that can

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<v Speaker 4>take two to four months, depending on how busy your

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<v Speaker 4>architect is and how efficient they are, And when you

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<v Speaker 4>get plans, you're going to go back and forth to

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<v Speaker 4>adjust things of that nature. So if you're doing a

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<v Speaker 4>one time closed to construction, that means you're in contract

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<v Speaker 4>and you have a time clock already to close with

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<v Speaker 4>the seller, right. They don't want to sit there and

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<v Speaker 4>wait four or five months for you to get your

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<v Speaker 4>plans together before you close. So again that can cause

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<v Speaker 4>a delay and it can cause some strain between you

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<v Speaker 4>and the seller. Now, if you've got an architect who's

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<v Speaker 4>on it, they can get you plans in thirty days. Cool,

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<v Speaker 4>you can do the one time close. But again another

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<v Speaker 4>con of that is after closing, now you have to

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<v Speaker 4>submit those plans to the town to get approval. And

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<v Speaker 4>depending on the county, which it's hit a miss, Right,

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<v Speaker 4>it's hit a miss for plans. I mean New York

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<v Speaker 4>is kind of like, I don't want to say nothing

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<v Speaker 4>negative because you know, but it kind of kind of

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<v Speaker 4>gets interest. Yeah, it gets kind of it gets kind

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<v Speaker 4>of crazy, and it could be a lengthy process. So now,

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<v Speaker 4>if you're on a time clock to build and the

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<v Speaker 4>lenders only give you nine to twelve months, and some

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<v Speaker 4>lenders will give you an extension of an extra two

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<v Speaker 4>to three months. On top of that, you done wasted

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<v Speaker 4>half of your time just waiting on the plans to

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<v Speaker 4>get approved by the town. So my recommendation for construction

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<v Speaker 4>loans and anyone who's looking to build their first home

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<v Speaker 4>or their dream home, acquire the land first. Acquire the

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<v Speaker 4>land first, have a dope ass architect, who understands the

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<v Speaker 4>urgency of what you're looking to do. Get your plans

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<v Speaker 4>and everything drawn up because you already have the home

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<v Speaker 4>now or the land, so you don't have to rush.

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<v Speaker 4>And now, once you have your plans submitted, then applied

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<v Speaker 4>for your construction loan, because now it's more like a refinance.

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<v Speaker 4>There's no time clock, there's no sellers. You can take

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<v Speaker 4>four months to close, it doesn't matter. And once your

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<v Speaker 4>plans get approved, then close on your construction loan. Then

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<v Speaker 4>born you can start your construction pretty much immediately.

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<v Speaker 5>Yeah, so let's talk about the other way when you

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<v Speaker 5>have a lender that will do both give you construction,

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<v Speaker 5>the construction loan for building it, and then actually having

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<v Speaker 5>the house built itself. Right, So there's two pieces. You're

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<v Speaker 5>paying for both. And I think the misconception this is

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<v Speaker 5>something we kind of learned through the process. Like you

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<v Speaker 5>get that time frame to build, and you know you

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<v Speaker 5>do that with your building and they'll say it's between

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<v Speaker 5>six to twelve months, we can get.

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<v Speaker 2>This house built, correct.

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<v Speaker 5>Right, But you're at the mercy of the town. Correct, right,

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<v Speaker 5>because and the build up and the builder and the

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<v Speaker 5>engineers and the architects.

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<v Speaker 4>Correct.

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<v Speaker 5>But you're paying for a house that you may not

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<v Speaker 5>even live in, right, because sometimes the building process may

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<v Speaker 5>take sixteen months absolutely, and so like for a year

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<v Speaker 5>you might be paying interest, but after that twelve months,

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<v Speaker 5>now you're going to be paying that full loan. So yeah,

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<v Speaker 5>talk about that and the appurances that having residual income

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<v Speaker 5>in situations like this.

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<v Speaker 4>Yeah, so when you get a construction loan, first, it's

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<v Speaker 4>an interest. During the construction period, it's interest only payments. So,

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<v Speaker 4>like you said, you're going to be paying a mortgage payment.

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<v Speaker 4>You have to pay your property taxes, you have to

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<v Speaker 4>pay your homeowners insurance and builders insurance. You're going to

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<v Speaker 4>need buildings insurance as well to protect yourself on that end.

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<v Speaker 4>But yeah, you're going to have a payment. So if

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<v Speaker 4>it drags out, you know, and the lender says, okay,

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<v Speaker 4>now it's trying to convert from the construction to permanent.

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<v Speaker 4>Now you're going to be paying a mortgage payment that's

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<v Speaker 4>going to be hired because now it's principal and interest

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<v Speaker 4>that's going to be included into your mortgage payment. And

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<v Speaker 4>so your first twelve sixteen months is all going to

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<v Speaker 4>be interest only. And that's why it's very important if

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<v Speaker 4>you're going to take the leap of faith and build

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<v Speaker 4>your own home, especially if you're going to act as

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<v Speaker 4>your project manager. You're hiring your GC, you're hiring your builder,

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<v Speaker 4>You're hiring all these folks, and you're not buying directly

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<v Speaker 4>from a builder, right, You're hiring everybody. You have to

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<v Speaker 4>make sure you know what you're doing and you're hiring

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<v Speaker 4>the right folks because folks will sit here and overpromise

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<v Speaker 4>and underdeliver you and kill your entire timeline, which ultimately

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<v Speaker 4>is going to cost you more money as the homeowner.

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<v Speaker 4>So it's very important that you make sure you vet

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<v Speaker 4>out your team because your team has to understand the

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<v Speaker 4>urgency of you getting it done the timeline, and they

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<v Speaker 4>have to understand how they get paid as well, because

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<v Speaker 4>there's there's a process of how they get paid. So

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<v Speaker 4>when you close on a construction loan, the lender is

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<v Speaker 4>only going to give you ten percent or max fifty

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<v Speaker 4>thousand within ten ten days fourteen days after closing, and

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<v Speaker 4>typically that money is used to cover you know, demolition permits, plans,

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<v Speaker 4>you know things of that nature. You're kind of like

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<v Speaker 4>your soft costs, right, but the lender, I mean the

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<v Speaker 4>builder will have to be able to front that job.

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<v Speaker 4>So let's just say that the build is going to

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<v Speaker 4>cost a million dollars Fellas to build and they only

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<v Speaker 4>released in fifty thousand dollars. But the first phase of

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<v Speaker 4>the project is going to cost you all quarter a

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<v Speaker 4>million dollars. So now where does that two hundred thousand

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<v Speaker 4>come from? Right? That two hundred thousand has to come

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<v Speaker 4>from a builder. They have to be in position to

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<v Speaker 4>start that job, complete phase one, then the link earners.

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<v Speaker 5>What's up? You ever walk into a small business and

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<v Speaker 5>everything just works like the checkout is fast, the receipts

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<v Speaker 5>are digital, tipping is a breeze, and you're out the

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<v Speaker 5>door before the line even builds odds are they're using Square.

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<v Speaker 5>We love supporting businesses that run on Square because it

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<v Speaker 5>just feels seamless. Whether it's a local coffee shop, a

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<v Speaker 5>vendor at a pop up market, or even one of

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<v Speaker 5>our merch partners. Square makes it easy for them to

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<v Speaker 5>take payments, manage inventory, and run their business with confidence,

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<v Speaker 5>all from one simple system. If you're a business owner

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<v Speaker 5>or even just thinking about launching something soon, Square is

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<v Speaker 5>hands down one of the best tools out there to

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<v Speaker 5>help you start, run, and grow. It's not just about payments.

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<v Speaker 5>It's about giving you time back so you can focus

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<v Speaker 5>on what matters most Ready to see how Square can

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<v Speaker 5>transform your business, visit Square dot com backslash, go backslash

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<v Speaker 5>backslash eyl. Don't wait, don't hesitate. Let's Square handle the

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<v Speaker 5>back end so you can keep pushing your vision forward.

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<v Speaker 5>This episode is brought to you by P and C Bank.

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<v Speaker 5>A lot of people think podcasts about work are boring,

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<v Speaker 1>An illegal alien from Guatemala charge with raping a child

0:10:01.360 --> 0:10:05.120
<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

0:10:05.400 --> 0:10:09.520
<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

0:10:09.600 --> 0:10:13.480
<v Speaker 1>filming and selling child pornography in Michigan. These are just

0:10:13.600 --> 0:10:17.360
<v Speaker 1>some of the heinous migrant criminals caught because of President

0:10:17.360 --> 0:10:20.920
<v Speaker 1>Donald J. Trump's leadership. I'm Christy nom the United States

0:10:20.960 --> 0:10:25.760
<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

0:10:25.800 --> 0:10:29.360
<v Speaker 1>crossings are at the lowest levels ever recorded, and over

0:10:29.400 --> 0:10:32.640
<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

0:10:32.720 --> 0:10:36.560
<v Speaker 1>are here illegally, your next you will be fine nearly

0:10:36.640 --> 0:10:40.680
<v Speaker 1>one thousand dollars a day, imprisoned and deported. You will

0:10:40.679 --> 0:10:44.360
<v Speaker 1>never return. But if you register using our CBP home

0:10:44.400 --> 0:10:47.760
<v Speaker 1>app and leave now, you could be allowed to return legally.

0:10:48.120 --> 0:10:52.880
<v Speaker 1>Do what's right. Leave now. Under President Trump, America's laws

0:10:53.040 --> 0:10:55.040
<v Speaker 1>border and families will.

0:10:54.880 --> 0:10:58.120
<v Speaker 2>Be protected sponsored by the United States Department of Homeland Security.

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<v Speaker 4>And there will send out and aspect to inspect you know,

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<v Speaker 4>phase one to make sure auti's across Aza dotted. And

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<v Speaker 4>then the inspector will go back to the bank and say, okay,

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<v Speaker 4>you can release the draw of two hundred thousand, and

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<v Speaker 4>then now the builder gets paid that two hundred thousand,

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<v Speaker 4>and then they move on to phase two and it

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<v Speaker 4>goes on like that until the job is complete. So

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<v Speaker 4>it's very important that you understand your builder, understands how

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<v Speaker 4>they get paid and they are liquid because a lot

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<v Speaker 4>of builders out here are not liquid as well. So

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<v Speaker 4>you can't pick the builder just because they might have

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<v Speaker 4>gave you the cheapest price.

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<v Speaker 3>How do you note that, liquior.

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<v Speaker 4>Now, the lenders will vet the builders as well. There's

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<v Speaker 4>a lot of lenders out there that use third party companies.

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<v Speaker 4>I'm not going to mention their name because they don't

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<v Speaker 4>endorse us right, and they will have to see the

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<v Speaker 4>liquidity of the builder bank statements, do you have Amax's,

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<v Speaker 4>whatever it is, to make sure that they are liquid

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<v Speaker 4>to be able to do this job. Because the lenders,

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<v Speaker 4>again they're putting out a million dollars on construction. They

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<v Speaker 4>want this house built. They don't want to own the property,

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<v Speaker 4>especially if it's something that's not built right. So it's

0:12:08.679 --> 0:12:11.760
<v Speaker 4>in their best interest as a lender to make sure

0:12:12.040 --> 0:12:14.839
<v Speaker 4>that the builder can get this job done and they

0:12:14.880 --> 0:12:17.680
<v Speaker 4>have the experience to get it done as well. Because

0:12:17.720 --> 0:12:19.400
<v Speaker 4>a lot of people talk to talk, but they can't

0:12:19.400 --> 0:12:22.200
<v Speaker 4>walk the walk. So that's why again like a two

0:12:22.280 --> 0:12:23.520
<v Speaker 4>or three K, I like to call a two or

0:12:23.559 --> 0:12:26.880
<v Speaker 4>three K the training will for investors. So a construction

0:12:27.040 --> 0:12:31.040
<v Speaker 4>loan when you're going through like the conventional way for

0:12:31.160 --> 0:12:33.599
<v Speaker 4>a homeowner, is kind of like training wheels if you

0:12:33.640 --> 0:12:35.880
<v Speaker 4>want to get into development as well, because you have

0:12:36.440 --> 0:12:39.360
<v Speaker 4>the lender by your side and the inspectors by your

0:12:39.360 --> 0:12:41.880
<v Speaker 4>side that work for you, and the lender to protect

0:12:41.920 --> 0:12:46.480
<v Speaker 4>you against the builders because you know, we all say

0:12:46.720 --> 0:12:49.360
<v Speaker 4>contractors are you know, you know what I'm saying, but

0:12:49.520 --> 0:12:51.559
<v Speaker 4>you got to But the bank is always going to

0:12:51.640 --> 0:12:54.360
<v Speaker 4>make sure that they protect the investment at the same time.

0:12:55.880 --> 0:13:02.520
<v Speaker 3>So what happens if it's not going right? Like, as

0:13:03.320 --> 0:13:08.960
<v Speaker 3>as a customer, what recourse do you have if the

0:13:09.040 --> 0:13:12.079
<v Speaker 3>contractor isn't doing what he's supposed to be doing. It's

0:13:12.120 --> 0:13:13.959
<v Speaker 3>not moving at the timeline and it's supposed to be

0:13:13.960 --> 0:13:15.640
<v Speaker 3>moved there, Like what can you do?

0:13:15.880 --> 0:13:18.600
<v Speaker 4>You can fire them, But then now you start from

0:13:18.640 --> 0:13:20.880
<v Speaker 4>square one again. Right now you have to find a

0:13:20.920 --> 0:13:22.800
<v Speaker 4>new builder. Now they have to give you their costs.

0:13:23.400 --> 0:13:25.640
<v Speaker 4>Now that's new paperwork that has to get submitted to

0:13:25.679 --> 0:13:29.199
<v Speaker 4>the bank. Right, So it's a whole process that if

0:13:29.240 --> 0:13:32.560
<v Speaker 4>you're doing this post closing right, you're doing the post

0:13:32.559 --> 0:13:36.600
<v Speaker 4>closing and you're already in your project. It's like anything

0:13:36.640 --> 0:13:38.560
<v Speaker 4>if you do if you do a bathroom over in

0:13:38.600 --> 0:13:40.800
<v Speaker 4>your house and you don't like the contract and you

0:13:40.880 --> 0:13:43.000
<v Speaker 4>fired them, now a new contract is going to come

0:13:43.040 --> 0:13:45.080
<v Speaker 4>in and say, well, their work is not good, so

0:13:45.160 --> 0:13:47.440
<v Speaker 4>now I got to tear all their work down and

0:13:47.520 --> 0:13:50.360
<v Speaker 4>restart it over again. So now the cost will be

0:13:50.400 --> 0:13:53.160
<v Speaker 4>more than what you anticipated. So you have to weigh

0:13:53.160 --> 0:13:55.760
<v Speaker 4>out what's the opportunity cost really of me firing my

0:13:55.880 --> 0:13:59.520
<v Speaker 4>contractor right now or my builder at the phase that

0:13:59.559 --> 0:14:01.760
<v Speaker 4>I'm in right now, because I'm already started, and it

0:14:01.800 --> 0:14:04.480
<v Speaker 4>can wind up costing you more money. Now, if they're

0:14:04.520 --> 0:14:07.240
<v Speaker 4>just negligent and they're just disrespectful and they just don't

0:14:07.520 --> 0:14:09.440
<v Speaker 4>they're not really there, then obviously you're going to have

0:14:09.440 --> 0:14:11.600
<v Speaker 4>no choice. But you got to handle your business because

0:14:11.600 --> 0:14:13.760
<v Speaker 4>you are a CEO. This is real estate, right, so

0:14:13.800 --> 0:14:15.800
<v Speaker 4>you have to fire them. But understand, there's going to

0:14:15.800 --> 0:14:17.880
<v Speaker 4>be now a whole new vetting process that now the

0:14:17.960 --> 0:14:20.240
<v Speaker 4>lender is going to have to do, and then ultimately,

0:14:20.600 --> 0:14:23.360
<v Speaker 4>if they're going to charge more than what the scope

0:14:23.360 --> 0:14:26.400
<v Speaker 4>of workers already approve. You're not getting no more money,

0:14:27.360 --> 0:14:29.640
<v Speaker 4>So where's that extra money? If they're gonna charge your

0:14:29.640 --> 0:14:32.480
<v Speaker 4>extra fifty one hundred K, where's that extra money coming from.

0:14:32.520 --> 0:14:35.600
<v Speaker 4>It's coming from you because you decided to fire them.

0:14:35.760 --> 0:14:39.520
<v Speaker 4>So it's best while you're in the underwriting process. If

0:14:39.520 --> 0:14:42.560
<v Speaker 4>you're going to make any changes with your contract or

0:14:42.560 --> 0:14:45.240
<v Speaker 4>your builder, is best to do it while you're in

0:14:45.280 --> 0:14:48.040
<v Speaker 4>the process because if they come with the higher scope

0:14:48.040 --> 0:14:53.080
<v Speaker 4>of work, then you can protect yourself easier and reapply

0:14:53.280 --> 0:14:56.000
<v Speaker 4>or not reapply, but you can ask for all request

0:14:56.120 --> 0:14:58.600
<v Speaker 4>to see if you can get more of an approval

0:14:59.240 --> 0:15:02.240
<v Speaker 4>to compensate for that extra money. So you just have

0:15:02.320 --> 0:15:05.520
<v Speaker 4>to make sure again vetting out your people to make

0:15:05.560 --> 0:15:08.240
<v Speaker 4>sure that they are who they say they are.

0:15:08.320 --> 0:15:10.480
<v Speaker 5>If I'm looking to build a new property and I'm

0:15:10.480 --> 0:15:13.200
<v Speaker 5>trying to find land, I know you can vet everybody

0:15:13.200 --> 0:15:15.360
<v Speaker 5>on that side, but is there any way to or

0:15:15.440 --> 0:15:18.080
<v Speaker 5>is there a database that you can vet the town

0:15:18.120 --> 0:15:20.960
<v Speaker 5>engineer or the county engineer or the building department. Is

0:15:21.000 --> 0:15:23.280
<v Speaker 5>there any way to do that? Because a lot of times,

0:15:23.280 --> 0:15:25.440
<v Speaker 5>and we've seen it personally, like they're the ones that

0:15:25.480 --> 0:15:29.680
<v Speaker 5>are holding up the whole things, right, like I might

0:15:29.720 --> 0:15:31.240
<v Speaker 5>not move to that town or I might not try

0:15:31.240 --> 0:15:32.720
<v Speaker 5>to develop there if I know there's going to be

0:15:32.800 --> 0:15:34.600
<v Speaker 5>that type of ay, if they have a history of that.

0:15:34.720 --> 0:15:37.960
<v Speaker 4>So typically when you're applying for permits and stuff like that,

0:15:39.080 --> 0:15:41.880
<v Speaker 4>you would want to hire an expediter, right, And then

0:15:41.920 --> 0:15:45.240
<v Speaker 4>expedite is someone who works within the town or has

0:15:45.240 --> 0:15:48.120
<v Speaker 4>a relationship with them and they're able to push the

0:15:48.120 --> 0:15:53.480
<v Speaker 4>paperwork through in a timely matterm But ultimately, again it's relationships, right,

0:15:53.560 --> 0:15:56.000
<v Speaker 4>Like if you hire a great architect and they have

0:15:56.080 --> 0:15:58.880
<v Speaker 4>good relationships within the town because they're doing a lot

0:15:58.920 --> 0:16:01.320
<v Speaker 4>of business and they're doing a lot of jobs, then

0:16:01.360 --> 0:16:03.840
<v Speaker 4>they might not need to hire experdita because they know

0:16:04.200 --> 0:16:08.160
<v Speaker 4>Mary Sue over here in this department and their sons

0:16:08.200 --> 0:16:10.480
<v Speaker 4>go to soccer together, right, so they can have that

0:16:10.480 --> 0:16:12.680
<v Speaker 4>type of conversation and kind of try to get things

0:16:12.680 --> 0:16:15.760
<v Speaker 4>pushed through. But that's hit and miss as well. So no,

0:16:16.040 --> 0:16:19.560
<v Speaker 4>is there a way to vet really really not. It's

0:16:19.720 --> 0:16:21.720
<v Speaker 4>kind of the lucky to draw and you have to

0:16:21.720 --> 0:16:25.040
<v Speaker 4>put your plans in as complete as possible because sometimes

0:16:25.080 --> 0:16:27.240
<v Speaker 4>they'll come back and they want corrections to your plans,

0:16:27.240 --> 0:16:29.040
<v Speaker 4>and then you got to go back and forth as well.

0:16:29.440 --> 0:16:33.600
<v Speaker 4>So it's unfortunately, it's one of those situations you're damned

0:16:33.640 --> 0:16:36.280
<v Speaker 4>if you do, you're damned if you don't. The town

0:16:36.360 --> 0:16:38.560
<v Speaker 4>is always going to come back with something, They're always

0:16:38.600 --> 0:16:40.960
<v Speaker 4>going to want some sort of correction, and it's always

0:16:41.000 --> 0:16:43.240
<v Speaker 4>going to be some back and forth. And that's why

0:16:43.960 --> 0:16:46.960
<v Speaker 4>your architect and building is probably one of the most

0:16:46.960 --> 0:16:49.720
<v Speaker 4>important roles because they have to be quick on their feet.

0:16:49.760 --> 0:16:53.880
<v Speaker 4>Some architects are just slow as hell to change something

0:16:54.200 --> 0:16:57.800
<v Speaker 4>so minor to us. It might take them thirty days.

0:16:58.240 --> 0:17:01.720
<v Speaker 4>That's setting your timeline back right, So again I think

0:17:02.320 --> 0:17:05.840
<v Speaker 4>not vetting the building apartment. You need to vet the

0:17:05.920 --> 0:17:10.439
<v Speaker 4>architect to make sure that what's their turnaround for changes,

0:17:11.000 --> 0:17:13.560
<v Speaker 4>what's their relationships with the town that you're building in.

0:17:13.880 --> 0:17:17.479
<v Speaker 4>How many jobs have they submitted in the last sixty

0:17:17.600 --> 0:17:21.000
<v Speaker 4>ninety twelve months? Right, these are questions when you're interviewing

0:17:21.000 --> 0:17:23.840
<v Speaker 4>an architect. Just don't go off the referral like, oh,

0:17:23.880 --> 0:17:25.800
<v Speaker 4>he's a great architect and this then a third nah,

0:17:25.920 --> 0:17:29.080
<v Speaker 4>chill ask the questions. Right, this is your house, this

0:17:29.160 --> 0:17:32.240
<v Speaker 4>is your business. You own the property, You're responsible for

0:17:32.240 --> 0:17:34.480
<v Speaker 4>the mortgage payment, nobody else. So you have to make

0:17:34.520 --> 0:17:37.000
<v Speaker 4>sure whoever you're hiring, you have to make sure they

0:17:37.000 --> 0:17:39.040
<v Speaker 4>can get that job done. And they have a sense

0:17:39.080 --> 0:17:41.640
<v Speaker 4>of urgency too, right, And because a lot of these

0:17:41.640 --> 0:17:46.000
<v Speaker 4>folks they just don't have it. My graduates from my

0:17:46.080 --> 0:17:52.120
<v Speaker 4>school being forced back drop b drop, Mike drop back

0:17:52.280 --> 0:18:02.520
<v Speaker 4>drop drop.

0:18:03.640 --> 0:18:07.240
<v Speaker 1>An illegal alien from Guatemala charged with raping a child

0:18:07.320 --> 0:18:11.119
<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

0:18:11.359 --> 0:18:15.480
<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

0:18:15.560 --> 0:18:19.480
<v Speaker 1>filming and selling child pornography in Michigan. These are just

0:18:19.560 --> 0:18:23.320
<v Speaker 1>some of the heinous migrant criminals caught because of President

0:18:23.359 --> 0:18:26.880
<v Speaker 1>Donald J. Trump's leadership. I'm Christy nom the United States

0:18:26.960 --> 0:18:31.760
<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

0:18:31.800 --> 0:18:35.320
<v Speaker 1>crossings are at the lowest levels ever recorded, and over

0:18:35.400 --> 0:18:38.600
<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

0:18:38.680 --> 0:18:42.520
<v Speaker 1>are here illegally, your next you will be fined nearly

0:18:42.640 --> 0:18:46.640
<v Speaker 1>one thousand dollars a day, imprisoned, and deported. You will

0:18:46.680 --> 0:18:50.320
<v Speaker 1>never return. But if you register using our CBP home

0:18:50.359 --> 0:18:53.760
<v Speaker 1>app and leave now, you could be allowed to return legally.

0:18:54.119 --> 0:18:58.840
<v Speaker 1>Do what's right. Leave now. Under President Trump, America's laws,

0:18:59.040 --> 0:19:00.800
<v Speaker 1>border and Fai families will

0:19:00.840 --> 0:19:03.720
<v Speaker 2>Be protected sponsored by the United States Department of Homeland Security,