This is not unusual in the retail real estate agent world. 

You came to the right place to learn more about real estate investing, Zach! 

Was this a flip or a new primary? 

A lot of people tend to mingle these things when they talk about "break even" or "cap rate", but that leads to a lot of confusion.Let's use some real numbers which may be easier to understand. 

It will allow you to tell everyone a little about yourself, your real estate experience, your Goals and Why you invest in real estate.  

Quote from @Chris Seveney: @Francisco AvancenaThere are specific lenders who will do land dealsBut of course not as many as traditional real estate.The key will be skin in the game - typically for land because it is less liquid than a home the lender will want to have a lower ltv on the deal I fund land flippers currently in  CO FLA WA ID MT NV AZ OR TX SC GA VA  one thing about land though LTV is lower and RATES are NOT the same as typical HML rates are higher for raw land but its a specialty niche and a business that I grew up in..

The Ohio market is very strong and competitive, so people struggle to find deals with consistently great margins on flips, etc.

“Lyons, I love seeing someone with your drive and vision diving into multifamily real estate in LA—you’re in one of the most competitive and opportunity-rich markets out there.

S-Corps are generally for active income (think Flip, Real Estate Agrent) andLLCs are generally for passive income (like rentals/STRs

It's difficult to find fix and flip opportunities on the open market but can definitely be done.