@Basit Siddiqi is exactly right that Philadelphia / NJ has some unique reporting headaches that are often screwed up, so whoever you work with, gauge their experience working in numerous jurisdictions, or their teams access to those subject matter experts.Those in the construction world and rental world open themselves up to some substantial opportunities from a tax planning perspective, but also need to be sure they thread the needle carefully on the real estate professional rules to actually qualify for them.

Also, some suppliers will do a takeoff for some of the materials.

I’ve heard of numerous people raising “opportunity funds” to take advantage of what they call the “fire sale pricing” that will soon be here.I agree that there are more distressed sellers than in the past, and we have seen pricing become a little more reasonable than it was in 2022.

However, we have numerous officers here at Aslan Home Lending licensed in Minnesota.

Some owners want to purchase the materials directly and this can be a good idea in that they will be in direct privity with the supplier for warranty and post install service requirements where the GC may be hard to get back involved.

To me its simply the numerator of an equation. 

I know that on my land listings, which are numerous, activity and pending deals have picked up bigly in the past 2 weeks.  

Numeric key pad!

So I suppose there are 3 routes, you can reach out directly to suppliers to try to build a relationship, use a service like Minoan, or join a buyers group and just reap discounts.

A n00b contacted me about the numerous "great deals" he was seeing FSBOs offering on their condos throughout Florida.