So, there's a structure through which you can do this (a TIC deed), and you definitely need to consult with a real-estate attorney who has TIC experience to understand how to go about doing this.Now let's talk about what's possible with the numbers you've shared...You presently have $640-840K for a down payment and a combined income of $510K.

This is a rough game to play you just need to know rules and play them 

Based on my experience, the better I plan it out, the less issues I faced in the field.

If the market value numbers above are correct then you def will have a nice chunk of change to play with.  

My main advice is: if you invest in preconstruction, focus only on the most reputable developers who have experience in your local market!

Hi Kyle,There are options out there for constructions loans for investment properties, although they typically require experience.

You will make more just renting it out to normal guest as that is what my experience is with my condo in PCB.

I think it's great that you have gotten that far and I am sure you have gained a lot of experience, but here is the bad news. 

Your experience with fix and flips is a valuable asset. 

. , I tend to more go on my visceral experience by being in the market and seeing for myself.