I have often thought substantial price changes should be considered a new offer.

However, the benefit of markets like Oakland is that the financial barrier to entry is substantially lower. 

Obviously the initial investment to furnish is more costs however the return is substantially greater when running the analysis.

Doing one of these every few years adds a a substantial chunk of  income.I

Now, the 3.5% might be that higher rate, or it might be only slightly higher, or it may be substantially higher. 

Wind insurance on frame structures is substantially higher than for CBS structures for obvious reasons.

Since you are going to have an electrician do a substantial amount of work after the demo to install all the new circuits, I consider this part and parcel of the rest of the work they will be doing.

In your case you would have to be able to say that you had intended to build this house and hold it but there are now substantial mitigating circumstances you can demonstrate for why you are selling it so quickly.In general new construction and fix n flips do not qualify for 1031 treatment.

To address the type of flooring material, first off, if you want a "luxury impression," stay away from the laminate fake wood.I would consult a local expert, but that said, I understand engineered products--with a substantial veneer thickness that's able to be sanded and refinished--are both functional and comparatively inexpensive to install over a grade-level slab.In terms of color, this is always subjective (and depends on what's going on with the kitchen finishes), but I would recommend a mid-tone finish for a flip.

The only reason it is structured as unsecured is if 1) the borrower's net worth is substantial and it's basically a credit card or 2) collateralize funds cannot be secured for a specific reason (such as high volume inventory purchase/sales) but the ave balance stays constant.