Well...https://clintcoons.wordpress.com/2013/10/16/seller...This link goes to an article that describes the situation I originally proposed almost identically...BUT it still doesn't clear up the WHY this regulation exists for builders.I have read multiple articles now...and done multiple searches...and this is what I have found:In Dodd-Frank....the builder - "involved with construction of" - seems to have originally had the intent of deterring timeshare developers who were acting as seller/financers and using deceptive practices to lure would be owners not contracts that they knew would never...or eventually not...perform.The 1 unit rule and 3 unit rule seem to be in there as a go around for builders willing to develop other entities etc and then seller finance that way...so confusing...and so little written or discussed...on my topic anyway...that I can find.

What would be mature and fair response.

The original structure has near identical up/down spaces that were originally separate units.

It matured earlier this month and it is still not renewed.

In a market where median and average sale price are identical, # of Units * Median Sale Price = Volume.

I think this is EXTREMELY dangerous and I would say that it is a huge sign of maturity to seek critical feedback. 

For what it's worth I plan to build an identical duplex on the adjoining lot but it will probably be 6-8 months until I start on that one. 

. $10,000 min draw.Mutual of Omahaequity line- 5.75% first 6 months 2.99 FICO score better than 700appraisal cost of $400 if you don’t bank there. equity loan- 10 years 5 1/4 fixed Northrop Grunham Federal credit union (directly from website)Variable APR*4.50%Depending on the option chosen, each time an advance is taken the payment towards principal and interest (NGFCU does not offer an interest-only repayment option.) may be either amortized over 180 months or to the maturity of the HELOC.Fixed APR*5.50% May elect the Fixed Rate on up to 60% of the approved HELOC limit.

We ran the numbers with our side using the identical expenses we have currently.

The loan matures in 12 months.