Certainly any property financed with short-term commercial loans (balloon due in 5 to 10 years) would pose a serious cash challenge.That said, of course, if you have large chunks of cash coming into your business in spurts from whatever source, using that to increase the equity positions in your income properties could be useful so that when those balloons "pop" (come due) you'd need to bring less or no cash to closing on the refinance if the amortization on the loans is too long (s/b 20 years or less, ideally).The debt acceleration class is only 1 of about 50 representing 7 separate curricula and some 460+ hours of on-line classes available 24/7 covering everything from setting up your business to self-directed retirement plans, attracting and engaging private lenders, finding deals, fix-and-flip, buy-and-hold, tax liens and deeds, seller financed notes, commercial real estate, raw land development, credit management and repair, and more.

I welcome questions on pertinent raw land topics, and promise prompt replies!

My expertise is in flipping raw, vacant land but I just had a client of mine also come to me with a small house for sale on Warsaw St. in Toledo, OH.

If you're buying raw land, definitely research through your county what it'll take to get utilities established.

Just for raw numbers sake, a couple in California that makes $100K pays around $5,900 (more if you're single) for state income tax.  

I strive for excellence in everything I do.I bought my first piece of raw land when I was 10 years old, one acre on contract for deed, no money down, that I paid for with my paper route; $50 per month out of the $110 that I earned (the owner was very empathetic to my situation).

To piggy back on what @Michael J. was asking - it is possible to structure your 1031 exchange into raw land that is also built upon.  

Contractors are no different than any restaurant; they acquire raw materials utilized in a construct of a finished product sold unto a final consumer of said finished product.And all-the-more, if a GC has a great manufacturer direct account on materials they have a NDA agreement from the manufacturer that they CAN'T share there cost's or disclose to anyone. 

This property is worth only the raw value of the land 

Are raw land prices outside Cary increasing the last six months?