Then we went and developed langue followed closely by abstract thought and it’s off to the races.

In some very attractive markets like coastal cities I can see it being worth it not to rent the unit or rent it only under very limited circumstances in the low season because the high season is just too lucrative to allow anything to affect those bookings.

I’ve used seller financing as both a buyer and a seller and it can make a lot of sense in certain circumstances (for example I used it as a buyer when I reached the maximum number of conventional loans I could get, and I’ve used it as a seller to both increase my net proceeds (due to collecting interest as “the bank” in addition to the sales proceeds) and to lessen my capital gains tax hit by spreading it out over a few years).

I have experienced some of these very circumstances, and in California.

The ability to generate more income for simply the cost of a building is another huge cost saving over buying an expensive commercial lot and developing it.

You're asking someone to spend a lot of time and energy to share what they've spent years - maybe decades - learning and developing.

Yes, it is possible to obtain a second FHA loan, but only under specific circumstances, as FHA loans are designed primarily for owner-occupied properties.

@Anna Smith contact Alvin Schein esq212-935-1400His focus is development in NYC

I have several contacts in new home construction, architecture, land developers and community organizers who help me locate buyers and sellers.

The only exception to this is if life circumstances happen and you CAN'T.