If purchased at today’s rates i would have sold after obtaining the value add.  

If you believe you will be financially ready to build a year from now, perhaps you enter into a lengthier contract where you can obtain all of your building approvals and then settle at a later date.

I like Stessa for asset management and not property management.

It seems like each option could work depending on your long-term goals for those assets.

I've spoken to briefly with paramount management group and real asset investment. 

I feel that should definitely get you the most interested parties seeing it and therefore obtain the highest and best offer terms. 

It means that you, as the purchaser, cannot close on the purchase of the property until (subject to the terms of the contract) the seller identifies a new asset to acquire with the proceeds of the sale. 

However, it seems extremely high risk as, to my knowledge, it is unsecured and only backed by a 'promise' to repay not any hard assets or relevant collateral.    

The more you pay down the more you own the asset like buying stock in a company, BUT your property COULD go down in value!

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