If you are willing to spend time seeking out information, organizing it and using it to develop your own plan you can be successful and save yourself a lot of money which you can put to use.

While this person may only be a tire kicker or some of your competition trying to find out about you, the experience of asking your questions and starting to develop a buyers list will pay dividends in the future.

When you have issues you have to tear down in stages carefully which costs more time and money.For lenders existing mixed use developments are more risky to finance and ground up construction is extremely risky.With you not having a track record in commercial much less doing ground up developments I do not see anywhere close to you just putting down 25% unless you partner with a developer that has experience and can back up the loan in case of default with trophy assets.

I was racking my brain trying to come up with a complicated system of profit sharing and no one was really helping me with information about how they structured their payouts until I sat down with a commercial developer.

I hear people talking about new home development costing somewhere between $80-125 sq/ft including dirt - then again, the dirt around here is pretty expensive as well.

I imagine it's not a problem when you are established, but I imagine there could be some reluctance in people giving all that personal information to you right off the bat.Not that I'm not trustworthy, but my reputation is as a technologist, not real estate investor.Also, do you have any suggestions on finding a decent lawyer in the area?

The new requirements are:The buyer is prohibited from selling the property for any sales price for a period of 30 days from the date of the deed.After a 30 day period, and until 90 days from the date of the deed the buyer is further prohibited from selling the property for a sales price greater than 120% of the short sale price.The above restrictions will run with the land and are not personal to the grantee.Can anyone confirm this and/or possibly have a link to a reputable source?

@ David A A couple of things that may need attention, I know they did in my part of Florida. 1) Permits: We contracted with a "reputable" architect for a hair salon family business.

If anyone is looking for a IRA servicer that is reputable, competent and easy to work with, I would recommend First Trust of Onaga (www.ftconaga.com).

The government and many large high-tech companies have programs like this that will enable you to develop your focus.There was a thread here recently I wish I could find for you, where many successful RE investors volunteered their education and formal degrees.