Unless you are building Rental units, the SF Retail market construction market is not doing well, hopefully your builder is borrowing money at sub 10% interest rates.  4 years ago, a lot of builders were only factoring in 3% for total loan costs, I would think that the carry costs would be 10% or more currently.  3.

This is the very first city carrying out this change.

I asked him if we can use that large combined losses being carried over to this year to offset my 2024 W-2 given that we can activate the real state profesional status this year to offset W-2 income without limitations.

Carried mail for 10 years and had many basements converted into duplexes.

Oh, and as I think about it, this may be perfect for an owner carry situation.

. ;-)  BP has changed, Mike Hern is happy doing his thing and BP carries on.

Carrying them upstairs is a pain though. 

Have a 16 unit trailer park that I’m trying to close the owner is willing to hold 25% of the deal. I’m trying to find a lender that will only make me put 5% down because the seller will have a Second position of 25% o...

I think that, regardless of the deal you have with the seller, the primary lender that you refinance with may not like you having a 0% equity stake in the property, or very tiny equity position of less than 25%, and may require you to reduce or eliminate the "junior lien" or whatever you want to call it that is this seller carry item. 

The seller would like to net the most but also carry a note after at least 50k in taxable proceeds, in order to defer her capital gains.