The best option would likely be a construction loan, which can cover both the purchase of the land and the build.

Bonus depreciation recapture is based on the year that is placed into services.As of right now, the bonus depreciation for 2024 is 60%.It is not likely that they will change the bonus depreciation retroactively to 2024.If they change the bonus depreciation for properties purchased in 2025, it will have no impact on a property you placed into service in 2024.

Purchase price: $90,000 Cash invested: $60,000 Buy and hold that I still have to this date.

You also will want to stick to on market properties at first because the purchase process and evaluation process (namely title and inspections) will be more defined.

Purchase price: $245,000 Cash invested: $80,000 I served as the buyer's agent acquiring this property.

I have purchased my first home already!

I recently purchased a property in Fulton County.

Id like to put a HELOC on it or redelop it after a few years, the whole points of purchase is this is a booming downtown area lot of development rights etc, dont want to be in a financial structure that banks will frown upon. 

As an investment, I would never consider a property that brings in only 7% of the purchase price.

Hi Troy congrats on your purchase, which it seems you purchased at a forelcousre auction.