Property is in downtown San Jose location with possibility of new parks next to our location being built and also new constructions around our neighborhood.2.

I am considering working with a property developer in NJ to buy land, build a duplex/triplex and sell it (6-9 month time horizon). Is there any creative way to avoid/reduce capital gains tax on the sale ? From what I...

He comes from a construction background.

@Ross DenmanHi Ross, I would love to get a hold of that inspector for myself. 

For instance, depending on your location insurance costs could be much much higher than indicated in the book, construction costs are a lot higher, etc. 

The "fine print" here is fairly sizeable upfront fees and high interest rates, relative to a traditional construction loan from a bank.  

The only inventory is new construction.

I have several contacts in new home construction, architecture, land developers and community organizers who help me locate buyers and sellers.

Maybe a corporate group looking to house multiple workers like for construction or power projects. 

Somethings it even more expensive than buying a new construction in a class A neighborhood.The turnkey investments are not always the best option for every investor especially if you are just getting started and low on cash or you don't have reserve/emergency funds to deal with issues like maintenance and vacancies.