If you have some equity it may be better to look to deploy that into a property that does cashflow.Hope that helps in the thinking.  

If you are going to keep this CT property for a long period of time, and the fixed-rate loan lets you cashflow your target amount it will not matter 10 years from now you paid 10,000-20,000 over what you think it was worth.

If anybody has any thoughts on this and wants to weigh in, I would be grateful.Nicholas I think you are looking at this backwards - you need to first start with I have X amount of dollars and with that money I can buy Y. 

That’s why I’m putting together this course—to share what I’ve learned and help others find that balance and financial security.Looking for InsightsI’m aiming to make this course as helpful and relevant as possible, and I’d love to hear from fellow investors about:- Challenges you face in your real estate investments- Topics and tools you think would be most helpful in a real estate investing course- Any questions or concerns you have about investing while managing a busy careerOpen to a Chat?

Was thinking of buying 1 acre - 5 acre commercial tract in Katy or Richmond area and then develop 1350-1800 Sq/ft FLEX spaces.

Am I potentially missing out on a stellar lawyer because I think paying that much for an initial call is unreasonable?

In Worcester, I think your numbers are pretty close, but there are also a lot of Programs between Mass Save, and the City of Worcester that will pay for many of these things if you agree to an income restriction, or sell income restricted. 

Also, if I am a homeowner, I can't think of the benefit of selling "sub to". 

@Peter MckernanThat's what I was thinking.

Do you think it's worthwhile to buy a lot and build a house to potentially sell for profit?