Not a rental first and then your primary.)You can defer the taxes by reinvesting the entire net sales proceeds (including mortgage payoff amounts) or more in a new rental, this does not apply to primary homes.

This puts us somewhere between 18-27mo pending sale.Land Acquisition: 1M + 50K in closing costsHard Costs:Demo: 50KConstruction + Architectural Plans (survey, topography, permitting included) = 1.6M + 80KPool: 100KSoft Costs:Appliance package: 50KFurnishings: 75KLandscaping: 20KAnnual Carrying Costs (utilities/property tax/maintenance): 45KTOTAL: 3,025,000.00 After speaking with two lenders, it seems the best course of action would be to put 20% down on land for 12mo/interest only.

This typically involves making regular payments, including interest, over a specified period.

There's a ton of information online, including here on BP, that you can research.

I e had people living in my basement in my third floor in my carriage house.

We purchased one at the beginning at March (almost 3 weeks ago), had been told by the foreclosing attorneys office that they were awaiting on the DUP on 3/14, and then notified via email from their office that their client had rescinded the sale on 3/18.

By using a email collection service like “Emailcollect” you can inexpensively get past guest data and send out a monthly touch point about something that’s happening locally without it becoming a major drama of making up newsletters. 

This should be interesting as better agents who have more business will naturally keep the firm at higher commissions, leaving less experienced agents with more low-priced business.Uninformed sellers will push back on including buyers commissions in the sales price resulting in less competition and lower prices on those homes.Uninformed buyers will self-sort out of the market unless they meet a great agent to explain their options.

I contacted them and got an email form them referring me to a 3rd company that could help me get started on investing in notes and provides education, seemed odd...

Feel free to email me for details.