I hope someone can give me some things to think about.Good things about the house:Quality construction from 1968.

I have been in construction all my life and decided I should be doing this fo myself and making more money and having a future.

OK, my question is, would it be smart, since I'm looking several business, starting out with one LLC to act as General partner to all the different businesses as LP's LLC as general partner and me as a limited partner in construction LP real estate investment LP coin dealer and financing LP That is to start, if any one business takes off I will create a LLC just for that one business so the other LP can't touch the asset of the thriving Business. any thoughts would be appreciated.

if you paid cash and it holds value(equity) one option would be, a bank could give you an equity loan on the existing equity or better find a bank that does construction loans and they ll lend you what its worth now or what it will be worth upon completion. the money will be given in draws as you complete certain phases of the job so you ll have to plan out were and when the money gets spent example windows/carpet deposits and payoffs. another option would be to find partners(investors) to help with the construction costs

Especially don't assume because a family member was handled well by your buddy on a new construction residential loan that the next person will get the same experience.

After the completion of these projects in 2004, citizens voted to extend the duration of the tax to inject $700 million into the troubled Oklahoma City school system for renovations, new construction, etc(ongoing, see link).

Believe it or not, pre-construction still has its opportunities in the right area with the right project.

That way you've got a retreat from the construction area.Sounds like you're well on your way to financial success.Jon

Most of the time people talk about privacy or other pro-business legal constructs.

I am going to be investigating real estate around here in the very near future because there is so much construction going on and i can see real estate prices appreciating rapidly.I have read all the stickies already and look forward to learning much, much more