Degrees in Real Estate Studies, Finance or Economics, Management or Business Administration, Geography or Urban Planning, Law, and Civil Engineering or Construction Management are among those that are frequently pursued.

I plan on doing a cash-out refi to get that tax free money back outI'm not doing a 1031 because I'm moving to Georgia after this sale and have a lot of other moving parts to think about.

The plan is to get the home producingincome and then begin dividing the 20 acres into building lots.

Purchase price: $519,995 Cash invested: $519,995 Sale price: $610,000 My plan was to invest in a new construction 3 bed, 2 bath house and rent it.

Charles,I like the idea of deferring taxes until death :lol: I plan to enjoy the mula while here!

I don't plan on dominating the niche haha, I want to scale to bigger properties, but I want to gain experience first.

Here’s a response from the lending side, @Derek Morrison.Do you have a 401k plan that is sponsored by your employer or a self-directed 401k plan for which you are the trustee?

We can go there and have a look anytime before then, and I can send EMD if everything is as I planned.

If yes, and if you do not have much experience yourself, I would engage a local civil engineer to guide you through the initial planning phases even before you get to design & construction. 

They should be able to send you an address of a rental they own.2) If they plan on sharing a BP Calculator sheet for each and every property they send you.