Many new investors claim to have analysis paralysis, but that's usually an excuse for either a lack of confidence (you need more meetups and more authentic relationships with other real estate investors) or shiny object syndrome (you want to house hack, but you like apartments, but also flipping, and what about storage).

@Renee LeFevreTo rent out your basement, follow these steps: check local regulations, prepare the basement with separate entrance, screen potential tenants, draft a lease agreement, set the right rent price, consider tax implications, update homeowner's insurance, and build a positive tenant relationship to attract quality renters.Good Luck!

If simplicity is key, selling outright is best; if deferral or family planning is the goal, consider gifting or a 1031 exchange.This post does not create a CPA-Client relationship.

Your LLC that flips might need to be S-Corp eventually.This post does not create a CPA-Client relationship.

@Matt Wan you've received some excellent advise here.

Focus on building strong business credit through timely payments, low debt levels, and solid financial records, which carry more weight than the name alone in establishing creditworthiness.This post does not create a CPA-Client relationship.

First of all they need to trust you and you need to have an established relationship in accordance with the 506b rules.

At least a bank that you have your relationship with and super strong deposits  and could probably hypothicate them and get a under 10% rate.. just musing..

It's indeed not very common that a developer would build a house for you like that so I imagine he'll do it because of your relationship.

Sorry to hear about your relationship issue.