The operating LLC doesn't own any asset, just liquid cash that is rental income from tenant and expenses against rental properties.

Our short-term residential investment property loans are typically 60-80% LTV and all are personally guaranteed by the borrower(s) -- we pull credit, background and PFS on each guarantor, verify experience, verify liquidity, underwrite the property, neighborhood and zip code.

Selling gets a tax free gain and allows you to be more liquid; keeping it allows you to have once in a lifetime cheap debt and have that leverage on an appreciating asset. 

It’s not quite as easy as having the liquid cash to invest.

Cool part is that we did the exercise last month and have already been able to see traction on some of the short term goals. 

What a cool spot!!! 

This^^^^^Unless he is loaded with cash reserves and can take a loan out based on his liquid reserves.

This is one of the main inherent risks with pre-construction, and the pre-construction market has cooled, and with impeding tariffs, there is some uncertainty around where prices will be in the coming months.One thing to clarify, are you looking to buy an investment property or a primary residence (or perhaps abit of both where you live in one unit and rent out the other)?

Would be cool to see it progressing.

I have learned of REIRAIL looks pretty cool.