One way would be to get the real estate under contract, then bring an experienced partner in who also has access to capital, and stay in the deal as a minority equity partner.

You have NO leverage, no matter what he builds or does not build, except for the developer saving some money in legal fees and cutting down on mesne profits damages.

Hi everyone. Thanks for taking an interest in my post. I've been in the market for a property in my agent's neighborhood, which is how we came to find him. During the months of searching for the perfect property, his ...

For me it boils down to more of a personal decision - can I afford two homes, do I want to have two homes and the stress of it, or just take my money out of one and put it in another.

All this is to say, I believe it would be money well spent for sure... 

@Ned Carey,A solo 401k is not subject to UBIT on leveraged real estate only.

Money talks and BS walks.

I have a question and would really appreciate your input.I’ve done a couple of fix-and-flip projects in the past using hard money lenders, but I’ve noticed that their fees and interest rates significantly cut into my profits.

Mistakes I see people make is they plan on living there a short time and over renovate the property where they will never get the money they put into it back. 

You’ll get a better return over the long-term by putting your money in the stock market.