In Maryland you need a home builder license for new homes .

Hello Jared Schott, regarding your situation, here are some considerations and options for managing the $280,000 gap: Second Mortgage: You can seek a second mortgage or home equity loan to cover the $280,000.

This was our personal home, doing a rehab or for a rental that's vacant would be much easier as far as moving furnitture, boxes, etc.   

But I'm now considering selling that Merced rental and using the equity to buy a San Diego house that I would use as a 2nd home/vacation home & rental.I would rent out a portion of the house & save a space for myself when I visit.  

Purchase price: $150,000 Cash invested: $75,000 Sale price: $332,500 Attention to detail was perfectly executed through out the entire home.

You might check into getting a Home Warranty.

If both of our names are on the original home, can we create a single-member LLC with only one of our names on it and purchase the multi-family property while still qualifying as a 1031 exchange?

What are some tips and tricks for assessing this in comparison to neighboring properties?

I am a first time home buyer looking to purchase an out of state investment property through a newly formed LLC (I am based in NYC, looking to buy in Ohio).

We purchased the home on 11/10/2022 for $200,000, invested $34,000 in renovations, and sold it for $325,000 on 1/10/2023.