They bought the land in cash and are getting cash back at closing to use as additional funds towards their next construction draw phase.Budget Considerations:With your $200-220K budget in mind, costs can add up quickly, especially for utilities, permitting, and impact fees.

Or perhaps they’re searching for peace of mind with a team they can trust to handle every aspect of their property?

I have over 25 yrs of hands on construction experience in almost all aspects and need help/guidance to build/grow a portfolio or fix and flip. 

Or we gradually perform high-quality updates for a live-in flip, then roll the equity into a new home.Regarding rental income, we aim to boost income, lower our effective tax rate by generating more low tax-drag income with rental income (since there’s not much we can do to lower out W2 tax bills) and have retirement cash flow.To compare the financial impact over 10-20 years, we want to analyze renting versus flipping.

How long does this period last in New York, and how does it impact the auction?

Your write-offs and tax impact are exactly the same. 

This is funny and cool to one side until members of that side get impacted.

It depends on various aspects like how involved you want to be, how much time do you have, do you want to do renovations and select tenants yourself or are you happy to turn all of this over to a company that does all of this for their livelihood and just grow a portfolio with them? 

The main thing is, taking the training will educate you in the foundational aspects of real estate which only helps you.

If an LLC is placed under a trust, how does this impact the ability to obtain credit through either the land trust or LLC?