I had a flipper come to me asking about doing a new development.He would need $240,000 to purchase the land from a wholesaler and then he would have his GC partner get the construction loan but they cant get the loan if their is someone else that has a lien on the property so i would have to collateralize against one of their assets which they don't have.

For an auction.com purchase in Washington you have 2 options. 

If you are coming in with 235k, you probably would not need much more, if any, to make the purchase.

I have a followup question - I will realize a lot of capital gain from this home in Idaho, so I think unless I purchase a new primary residence I will have to pay that capital gains tax. 

I want to purchase an underperforming asset at a Price of X.

Purchase price: $940,000 Cash invested: $250,000 I purchased a Self-Storage Facility.

Most buy the entry level SFH because its what they are qualified to purchase.  

Process is simple. 1. purchase contract2. send contract to title company3. bring cash to closing and you're done

Purchase price: $35,000 Cash invested: $35,000 Sale price: $110,000 Purchased off-market from a tired landlord, this fix-and-flip involved renovating a distressed property with outdated features and deferred maintenance.

Purchase price: $35,000 Cash invested: $35,000 Sale price: $110,000 A fix-and-flip project purchased off-market from a tired landlord involved buying a distressed property with significant deferred maintenance.