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You think you can finish construction six months after Ralph and Marie get their loan. They plan to meet with the bank next week for
You think you can finish construction six months after Ralph and Marie get their loan. They plan to meet with the bank next week for final approval. This is before you can finish a detailed plan, but they need a cost estimate for the loan approval. What do you suggest?
Avoid delays by doing a parametric estimate based on square footage and typical construction cost for your area. At square feet, and cost of $per foot, this project should easily fit within the $budget even after adding your management fees and the upgrades.
Delay the start date by ten days to finish your project plan and to create a detailed bottomsup cost estimate.
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