This whole thing is further complicated/awkward in that they moved just a few houses down the street from me and are chummy with a lot of our neighbors.

Why do you need to the whole complicated setup?

I’m sure this is complicated because it’s governed by State law.

I figured it was probably going to be a complicated process and It's not worth a legal battle and a huge expense if it would come to that.

Are there likely to be any complications?

Also, would having two different LLC’s (one for the business and one for the building) complicate the approval process?

Assess the area where you are selling and do finishes that would suit your target customer.4. this one is a bit controversial but if you are flipping don't spend money on unnecessary stuff that doesn't add value.

@Vernell D Watson hey Vernell, delayed financing is not that complicated.. it’s just getting a mortgage on a property you purchased in cash/without a mortgage prior to the 6 month standard seasoning period required for a conventional cash out Refi.

To make things even more complicated for you but also to make certain you realize the weight of this I will add that our current residence is under a conventional loan.

I don't want to complicate it, but if you saved the net cash flow every month, plus an additional $140, you'd have enough money to pay off the loan at the end of the 5 years.