The problem is that I can't afford any that me and my fiancee would actually live in.We've looked into condos in downtown Long Beach and are excited about all of the construction going on https://la.curbed.com/maps/long-beach-development-...So we've turned our search into condos in downtown Long beach.  

Hi Bigger pockets crew I'm from the Bay Area and considering to buy a condo or town house in the east bay with my fiancée.

You want to talk to your CPA first and foremost you don't want to get in a situation were your deemed a dealer and lose your cap gain tax advantages.that said a take down schedule like this is common in the industry.. although CA usually a million dollar property is not a lot.. vis a vi development ground.. and builder developers there usually stroke a check if needed.I suspect though if your going to sell it in phases.the land would be split into 3 phases and you deed out each phase as he pays if off.. but not individual lots that were your CPA can advise you on dealer status.its common though in these scnerios to have accerlated paymentso you have  3 phases  333k each... you sell first phase for  400k.. second phase for 400k last phase for 200k.. this way you get a premium if he fails to buy the rest of the dirtalso in your contract make SURE you demand that all work product engineering soils geo tech that type of stuff is once paid for your property as well.usually in vanilla real estate transaction on the west coast I don't recommend or see the need for a lawyer but in this case I would find a good real estate lawyer tell him these basic terms and things you need then let him prepare the contract.. hope that helps.. and assuming the dirt is in CA.. of course.

My wife (fiancee at the time) and I moved to the Chattanooga area a year ago and we bought a house in East Ridge, TN shortly after.

Hey @Benjamin Aaron Parr , I work with a lot of investors who buy out of state, I have investors from Californi who invest in Kentucky, and visa versa, both flips, and multifamily.

Hello Everyone,My fiancee and I are looking for 3-4 unit properties in Rhode Island.

Side note, my fiancée just purchased a duplex a mile away from mine and I will be renting out my owner occupied side to live in hers.

My fiancée and I are buying a home for ourselves only her name for the FHA loan because I do not have a two year work history.

My fiancée and I are buying a home for ourselves only her name for the FHA loan because I do not have a two year work history.

Hi,Looking for some advice related to immigration law and RE investing.I'm employed in the US on an L1 visa.