I was there last year and for a pre-season game.  

Why not roll your 401K into a Self Directed 401k and use it to purchase or loan $$ and make greater Returns on it now? 

Some acceptable hurdles would be a paid application after they see the property and some pre screening question prior to them seeing the property.

Or is it just a roll of the dice, good faith if I pay this you better sell to me and do the right thing?

If you put down less than 20% you will pay CMHC insurance as an up-front cost rolled into the mortgage owing.Anyway, this answer doesn't help you.

HiI was wondering if a pre-sale of a property, or selling shortly after it is constructed and move in ready, is subject to the same tax laws the same as a flip?

Most banks (if they even do construction loans), will require a 700+ credit score and 20% down on the hard costs of land acquisition + construction.Here is what I'm thinking:1) Get a pre-approval for my customers for a traditional loan2) Get some sort of equity down from the customer (cash or land) so they've got skin in the game3) Do an appraisal on the after construction value of their home4) Assuming the numbers work out and we're covered in the event that the original customer can't close, build their home for them with us fronting the money5) Sell them the home at completionI have two questions for you all:1) Do you think a hard money or private lender would be interested in this, assuming I'm offering 12% interest on their money for the 3-4 month build time2) Do you see any legal problems with taking money from the customer and then selling the property to someone else if the customer screws their credit up during the build and is unable to close?

Some of the commercial developers I worked under always pre-leased their spaces before they started construction of new retail buildings.  

Thank you Neil, I really appreciate your input I am going to talk to a agent asap and get this ball rolling.

You need to be driving neighborhoods and sending out letters to pre-forclosure, probate, and absentee owners.