then when the subdivision happens lots are divided etc. the renters can buy the house with a bank loan and we could use that cash to pay for subdivision costs. if it is possible to have a rent to own agreement before the lots are divided, what would be the best way to make sure the renters don't end up with the soon to be developed lots?

This has nothing to do with tax and everything to do with safely buying with seller financing**My wife and I are interested in potentially acquiring a plot of land to eventually build (for resale or live in).

See in 2007 I opened a flooring and had a ton of new construction developments that I sold and installed to. 2008 hit and by 2009 all of the new construction had stopped.

I am looking to buy and hold properties and I would like to eventually get into larger multi family having a background in it.Anyways, that’s my story if I can help you guys in anyway feel free to reach out.

I would like to post a description of the project, but I'm not sure what is the best forum for it - investment, developers, syndication?

Also some newer developments - for a brand new home - the contract may have language stating that the home cannot be sold for a period of time - this is to prevent too many investors selling too quickly thus impacting the integrity of the development.Therefore, yes you can sell it at anytime, however, it all depends on how you purchased it.  

Then develop your Rehab estimate from there.  

Eventually, I'd love to get into flipping and adding value to property.Happy to chat and toss around ideas/strategies with anyone!

Question here to the more experienced investors or those who may have used the BRRRR strategy... in reading up on it I'm not completely sure if it's developed for those who are buying all cash or if people have had success with the strategy on a financed property.

My folks will also eventually leave us some inheritance which will likely pay off our loan if it's not forgiven, so im less worried about it long term (yes, have the best family ever).Do you think the BRRR method is better than cash buying given my situation?