Most conventional lenders no longer allow seller carry backs behind their financing.

There will still be enough REOs to go around.The limit isn't on the inventory but on the deals available.

All my inventory that I've bought this year has been sold within 60 days.

The next six months will be very interesting, and some believe the shakeout can come as early as this week’s inventory numbers.

we are forming a corporation and looking to purchase some property in diff markets but I would like to be able to search inventory nationally.Does this exist?

Do that kind of thing enough and the IRS will consider you a "dealer" and the lots as inventory held for sale.Depending on how "remote" this whole thing is you might be better off making part of the 700' an access road, thereby retaining enough frontage for 3 main road lots, but giving you a lot more lots by making them smaller than 13 acres each, with only a 230 yard frontage.By the way, have you ever subdivided and/or developed lots before?

On a conventional loan no insurance and no taxes.It has been a long time since I dealt with anything but HELOCs and they have no closing costs.

The biggest problem now is being the slow time of the year, topped with the mortgage world in a roar, causing sales to slow down and the marketing times have increased causing a lot of inventory on the market.

So, lets totally ignore this aspect.If you're living in it for a year, I assume you're getting some sort of conventional financing.

Conventional lenders are unlikely to provide financing in a deal like this, because you aren't on title when they do their due diligence.