I guess they have more land to build there so it might reduce the appreciation there?

We’ve started talking about the potential for collaboration, particularly to reduce construction costs by building simultaneously.

.✔️ When you label their emotions, it reduces their resistance.✔️ It makes them trust you more—because you “get” them.Labeling in Action: Real-Life Seller ScenariosSeller Hesitation on PriceSeller: “I was hoping to get a little more for my house.”Wrong response: “Well, based on the market, this is the best offer you’ll get.”Labeling response: “It seems like you’re concerned about leaving money on the table.”Seller Seems DistrustfulSeller: “I just don’t know if this is the right decision.”Wrong response: “I promise this is a great deal for you.”Labeling response: “It sounds like you’re worried about making the wrong choice.”Seller is Emotionally Attached to the HouseSeller: “I’ve lived here for 30 years… this is hard for me.”Wrong response: “I understand, but let’s focus on the numbers.”Labeling response: “It sounds like this home holds a lot of memories for you.”See the difference?

The problem is that your debt payments are going to basically wipe out that $400K profit unless there is room to increase revenue or reduce expenses.

(eg, if your lot is not the standard 25 x 125, but some other multiple where the width is actually skinnier than 25, and the lenghth is longer than 125, and you want to reduce side setback requirements, eg.) 

85LTV ask on a LTR rental is a tough ask, when adding an STR factor, nearly every lender will reduce max leverage by 5%. 

Additionally, many states offer property tax exemptions, significantly reducing expenses.

We are considering the following options:-I purchase the property from my aunt – Perhaps we can do seller financing to reduce fees?

.⚠️ Market Changes: A hot market today might cool down before you sell, which reduces the profit.⚠️ Financing Challenges: Hard money loans carry high interest rates that nibble into the bottom line.Unrealistic timelines: If you think you're going to be in and out in 60 days, you're sadly mistaken-most flips take longer than expected.Real Talk: Is Fix and Flip Still Worth It?

A trust transfer allows for smoother estate planning, and if inherited after their passing, the land receives a step-up in basis, reducing future capital gains tax.Each method has pros and cons depending on their estate plans and your long-term goals.