I think yes to the LLC but you can do that after you purchase. it makes things unnecessarily complicated IMO for the purchase process.

I have always been interested in purchasing a home but have always been intimidated by the whole process.

I hope this helps give you a little insight of my thought process with it all.

We had designated fridge and freezer shelves.

I would like to know if I can preserve some/all of my liquid capital by avoiding an all cash deal for the lot/land.My thought process is...

The underwriting, paperwork, origination, funding, payoff, and all other processes remain unchanged.

good idea - we will do so and see if anything comes up that we didn't discuss during our build.back in the day when the tests were done, nothing was apparent from the engineers or tests themselves that indicated we couldn't build. i'm not sure what anybody else would find (if anything).we are suspecting that most buyers thus far may think "wow, this sh*t just got real" when they see the reports and have a minor panic attack and back out. i'm trying see how i'd feel in their shoes. it's surprising how many folks do not research the ins and outs of the home building process before making an offer...

To be honest the profit from real estate sometimes way higher than the salary while you're on your 'stuck company' during h1/greencard process.

It's also a lot of risk if you don't have relationships with builders and other trades and understand how to navigate the local permit process.

Side note: I can cover about 90% of the lease with the two other tenants - the tenant described above was an inherited tenant from the previous owner (never will do that again) and is paying way under market rent, just not sure how much of a process eviction is in Elizabeth.