This was determined to be not sufficient to carry out the demands levied against the service so the USMC numbers have been growing over the past few years and thought it appears to change yearly, the actual authorized manning numbers are approved and projected forward several years so any short term war/crisis will have to be handled with current manning and reserves.

phase 1 is usually a lender requirement.. on that small of project unless you have some knowledge that it was once a gas station or something..

I have reached out to local developers to buy me out and they are all too involved with other projects.

But since have rebuilt credit and capital for down payment.Is anybody doing new construction small multi family projects and how are you financing them?

It may make you some money - but it will be a long project.

then you will have the cash to complete the exchange.1031 exchanges are the tool to continue to defer the tax on your gain and to transition into passive assets until you pass the asset at death at a step up basis and the tax disappears for your heirs.Installment sales will allow you to slow down the recognition of gain but not defer indefinitely.It's difficult to mix the two but can be done with some sophisticated planning and some outside resources.

But he may be right as well. you should have gotten multiple bids before you started the project. that would have addressed your concerns regarding overpaying.

@Brent Coombs I will concede that this is tough on your first project but I absolutely can get these terms from private lenders and refinance after six months into a conventional loan based on 75% ltv as appraised after the renovations.

Ultimately I scrapped my project because there was no way to add the requisite parking to add the third unit.

Now onto the project!