This lady doesn't have a penny to her name but she got bailed out that night - probably by her dealer.

Ladies and Gents,Thank You all for your help and input! 

However; it's very rare to get that if you don't have any kind of track record, as they are gambling that you're going to get a construciton loan and be able to build the project at the price you say you can, and finish it in the time frame.

If you have good books, it'll be easier to get future financing and it almost doesn't matter if your CPA is REI savvy if your bookkeeper knows what they are doing (forget the lady at church that'll do it for $10/hour). 

There was some research on this think it was Zillow article and Facebook IPO.If I remember right a few neighborhoods saw a slight increase...I wouldn't buy a house looking to sell after IPOs...if you want to gamble buy stocks or go to the casino.

One could also take up such activities as gambling.

See how that will go and if they do not take the lady out of there, pass on the deal.

I had a lady call me and said they following "I had no plans to sell my house but after getting your 6th letter I decided to sell."

Account ClosedThat sounds more like speculating/gambling - I am not looking to do that.  

If your rent to value ratio is below 0.9% I would stay you are gambling on appreciation and only competing with foreign investors looking to launder money and investors with much bigger pockets only looking for capital preservation at less than 5% a year.