The property qualifies for 2 new stimulous projects(stupid govt).

Real estate investors have the opportunity to revitalize neighborhoods, stimulate local economies, and create employment opportunities.

Now the construction project is done, those 5,000 workers are gone, and they took the economic stimulation they were providing with them.Just like how some of those oil boom towns in North Dakota are appearing on these types of lists.

To be very honest, the country that doesn't do too much lockdown/subsidy during covid, they perform better/stable right now while our gov. is extremely over-reactive (either by over-stimulating the demand side or killing the demand just after a year) thus creating crisis over crisis.

The government helped push rates down after the GREAT recession to help stimulate the economy and housing market.

Certain investment loans the banks set the reserve lower to stimulate bidding.

the last few post are talking about seller subordination.. in a flat market that can work in a stimulated or growing market your going to have a hard time getting a seller to do that.one there are tax implications that need to be thought out by the seller.How we do it is pretty straight forward.last deal went like this.Raw dirt 500k plus 100k to get it to prelim plat  we pay cash for all of that no debt no loan.1 million to improve it to shovel ready... we borrow that in first position.. 23 improved lots appraised for 2,990,000  bank loan 1 mil or  33% of ra dirt.. you can squeeze sometimes and get a bank to go 50%  they did give us the 100k on the first draw for our soft costsnow we get vertical loans of 240 k or so to build the homes  plus 60k for the lots or about 300k.. so new loan for 300k.this loan retires the banks horizontal loan.. and we own the last 5 lots free and clear since we are paying an accelerated  pay down.. houses selling for 450k   so right at a 70% ARV loan on new construction which is about where they like to be.now our loans are a tad higher because we put in 10k fluff and 10k interest reserves.. so as we build out we do not have any monthly payments.. so in theory we got interest reserve on the horizontal loan and we have interest reserve backed into the vertical.. so we did this all with ONLY 600k in cash.. profit a little over 2 million end of the day in about 26 months total.. 

It's also important to remember that the lower gas prices are, the more money people have in their pocket to spend on other items, which stimulates the economy.

Are you comfortable being there.No wrong or right answers here, just mind stimulation.

Not to miller your thread but if anyone is looking for something intellectually stimulating this winter you can view online for free an entire semester of Professor Shiller's Yale Finance class.