It's a calculated risk that could lead to substantial gains but requires careful planning and risk management.

My wife and are eager to get into the relistate game but are working to gain experience while we build up a down payment to start house hacking.

If it’s for experience then you can gain some experience with it but I would calculate how much you are actually making doing this.Is it worth the risk?

I'm always up for people learning more and gaining knowledge.So really depends on what your goals are.   

Question about capital gains.

Generally speaking your upfront closing costs will be higher because you will be charged points by the lender; if its a construction to perm no you only have to pay closing costs once, this is the benefit of using that type of loan.

Quote from @Jacob Sherman: The best is to start the process and get an appraisal to go from there  What would an appraisal benefit if I value-add? 

Looking for real estate focused tax advisors for new investors, someone who will take time to explain and advise benefits, best practices and any areas of concern in real estate investing based on our current financial portfolio.  

Hi Matthewin my opinion there are benefits to working more local than multistage.

Time for the title insurer to pull out its checkbook… either to obtain signature$ voluntarily or try to gain access via court order.