Believe me, wholesale is a very tiny fraction of retail.Lastly, you must find some way to sell it at a profit.

I realize Singapore has perhaps the best government in the world, but I do not see why that should justify such astronomical property prices.BTW, when you are referring to a "house" in Singapore for $300K, you actually mean "tiny condo," right?

I came across the the following interesting articles (note - the author paints a bleak picture of economic environment).Interesting article about how banks are doing sub-primes loans again:http://www.zerohedge.com/news/2014-04-22/mortgage-standards-are-plunging-%E2%80%93-it%E2%80%99s-muppet-fleecing-time-all-over-againAn article showing the decline in existing home sales (except for the rich):http://www.zerohedge.com/news/2014-04-22/spot-massive-depression-and-tiny-recovery-existing-home-sales-chartWhat are peoples thoughts?

Bank addenda will forbid assignments, so a double close or LLC sale will be the way to go.In my years listing REOs and even a dark time working for a REO dept for a bank, I know this: in 1000 deals I've personally dealt with on the REO side, only one was considered for pre-sale before it hit the market and it was a TINY bank that didnt have but 15 assets or so.

I'm also wondering if it is a portable structure such as a tiny house on wheels or mobile home, if that circumvents the need for certain permits?

If I were just living life for me, I would eat ramen noodles and live in a tiny house.  

The closest I have come to this was when my handyman had to notch out a tiny portion of the studs to get a new tub in place, but it was nothing like tearing out a wall.

After getting a bit more experience, I think we'd be willing to lessen our margins a tiny bit.

A sump pump would get the water out, but you really need to deal with preventing it from leaking in.The littlest dehumidifier you can fine will be find for a tiny basement like that, provide you deal with the real problem first.

New construction is going on a few blocks to the north where they're putting in $500K houses on tiny lots.