I also managed to creatively acquire two apartment buildings with $0 down about 4 months ago, one of which currently has a water main Leak under the slab and two of the residents have been without water for over a week, but that's another story for another time... 

I don’t intend to occupy the house as a primary residence but purchase the property as an investment property. 

I have a single family house (primary residence) and am wondering the pros and cons of selling to a builder?

Investment Info:Single-family residence fix & flip investment in Lakeland.

Metro area will lead to there being fewer total units available, and higher occupancy in multifamily buildings.Population GrowthCoStar: Population Growth, DC Metro, United States (1/7/2025) Period Washington United States 2030 0.758% 0.498% 2029 0.758% 0.500% 2028 0.757% 0.507% 2027 0.765% 0.515% 2026 0.834% 0.532% 2025 0.966% 0.563% 2024 0.983% 0.569% 2023 0.707% 0.500% 2022 0.262% 0.423% 2021 0.004% 0.189% 2020 0.123% 0.285% 2019 0.946% 0.514% 2018 0.947% 0.562% 2017 1.058% 0.657% 2016 1.079% 0.762% 2015 1.125% 0.785% Washington D.C Proper surpassed 700,000 residents for the first time since 2019, showing the continued resurgence of the city since issues that arose for the city during the Pandemic (Source).

Investment Info:Single-family residence buy & hold investment.

Instead they go about it a** backwards and add more red tape and more complications costing the city and it's residents more money

I own my current primary residence & have about 140K in equity.

You are free to build whatever you want, sell the house once is finished, and the lien-holder (original seller) is paid off through title when the new house sel The seller is wanting us to build him a new primary residence.

Investment Info:Single-family residence buy & hold investment.