I am sure that there are people out there who get themselves into some pretty sticky situations when it comes to real estate flipping and investing!  

@Nathan Gesner, you should make that a sticky if it is possible. :)

It all comes to a screeching halt.. materials and labor will come down some I was just at an economic conference and they thought 5 to 10% but these prices for building materials are sticky . 

This a sticky situation but can have a great outcome.

Has any one had much experience in these? I am playing around with a project, trying to decide if I want to go after it or not. I am looking at a piece of land large enough to put 4 tri level town homes on it.The pric...

@Michael Rice, it is nice but I’m paying it off as fast as possible I don’t want that family member hung out like a 30 year mortgage would be, I’m shooting to have that remainder paid off in 12 years.

@Marc Rice Thank you sir!

Unless of course the GC is a silent partner only putting up money, not doing any work on the subject unit.I like smooth, not sticky deals.Good luck.

Like most people commenting on this, I agree that it could get a little sticky with eviction scenarios and COVID laws that are pretty unpredictable.

You MAY be able to 1031 Exchange that into another asset, but the sticky wicket here is that your timeframe is so short between purchase and re-sale that it may not be possible, but a savvy QI would be the one to ask about this.Assuming you can't exchange:  when you factor in your costs of sale and the "income bump" you'll experience tax-wise, you'll see your potential profits dwindle by $30k or more.