10/16/2026
β±οΈ The Teardown Mistake That Costs Thousands
It isn't demolition. It's timing.
Bob Hinz on what perfect looks like:
π¨ Demolish on Monday
π Pick up the building permit on Tuesday
βοΈ Close the construction loan Wednesday morning
π Excavate Wednesday afternoon
"Remember, the clock starts ticking on construction loan interest the minute you've signed the papers. So if you're waiting to start building for several months, you've just cost yourself several thousand dollars."
Think of it as two separate transactions. Buying the land is a conventional purchase. Construction financing should kick in right about the time you're ready to excavate, not months earlier while design, engineering, soil testing, surveying and permitting are still running.
π How to sequence it: https://homewrights.com/scrape-and-replace-a-colorado-teardown-guide/
π 303-756-8870