It's tough to compete with that as an investor.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

We determined the best thing to do would be to sell and not be landlords.

If you are using it to buy a turnkey property which needs to produce cash flow to be considered a viable deal how does buying turnkey(Little to no cash flow) combined with HML(High interest only debt) make alot of sense financially? 

Book a flight from Portland to Orlando rent a hotel and car and go to the planning department and building department in person and get to the folks that were running the permit and discuss paths to completion..

At the end of the day; you need more money to do something like this.MAX LTV on new builds is 80% LTC, Meaning if the build is $550,000 and Land is XAdd ($550,000 + x ) * .8 = LOAN AMOUNTYou would need to come in with MINIMUM 20% of the cost in addition to closing costs and reserves, $80,000 is not going to cut it for this project.

Welcome to the community @Shai Shushan!!!

Credit is also going to hinder your ability to get a heloc, and lack of income for now. 

@Marlon Fong - Could we please move the post in question back to the Syndications section? 

Quote from @Alex D rayford: Is it possible to wholesale a seller's property to the same seller's LLC?