My developer client successfully defended the initial challenges and settled on this having PE rights, so he shifted the site plan to avoid the issue.

At Wells talk to the business development officer.A local credit union offered me a commercial credit line on an LLC.

We’d love to collaborate further and share more ideas as you develop your vision.

I am working over these next few months to learn as much as I can to develop systems in order to analyze the next market we will move to.

I primarily work as a part-time CFO for new (and "old") real estate developers and investors, primarily helping them financial analyze their deals and finding them the best rates and terms for financing.

(FYI - this was an SB9 "two unit development, not an SB9 lot split). 

The DST gives you this option, while 1031 does not.2) Direct up to 80% of the funds to an LLC and partner with the trust for a business purpose such as purchasing investment real estate, loan business, buy into a business or develop investment RE at your own timing (all capital gains tax deferred, without having to follow any timing guidelines.)3) The DST can save a failed 1031 exchange.

More like  2X to 5X the cash out.. these are done with builder developers on their deals So put out 300k get 300k back in profit plus the interest rate. most small builders/ developers need to have a equity partner so you just do both you lend the money and are the equity partner.. pretty clean..

I have bought a couple of units and now working on my own development.

OK being a life long CA and selling and developing land here for 50 years..