The beauty of FL statutes is an exemption that allows one to lend their own money without a license.

And by commercialized, I mean there are restaurants, a hotel, and even a sports complex literally right across the street (and a major highway i10 in Arizona within half a mile from the property).Investors were in the process of buying our land, all the while I was witnessing construction all around us, turning the agriculture land to roads for lots and buildings and stuff.

I can go two ways wit it.

We took a drive up the mountain...what a beautiful place!

Beautiful homes and so cool.

However, I live in sunnier, beautiful San Diego, and the costs are low enough to support financial independence ($1400/month rent versus $3500 in San Francisco). 

While fixing it up with the money they lend me cause that's the beauty of a FHA loan, while renting it and then selling it after one year or two years while doing the 1031 exchange. 

Leverage can be a beautiful thing in real estate but those mean old bankers are trying to keep you from over-leveraging and putting yourself at risk.

He brought equity and creditMy ground team executed beautifully and we all had a great day.. my ground team partner ON TOP of this made 50k running the projects..

They pay us a fee for doing all the work for them, and as a "correspondent lender" giving them a cleanly packaged beautiful loan that was underwritten according to their own criteria, without them having to spend a dime on marketing, processing, originating, compliance, appraising, or underwriting (many end-lenders are so inefficient that correspondent is a better deal than calling that bank or CU direct).Scenario 3: You somehow got it tied up in contract with a 3 month close!