My plan will be to purchase a vacant land with cash and finance the home build through a private money loan.

. - You need to be the best in terms of knowledge in your specific asset class. 

We just helped a Florida client with a ballon coming due at the end of the year on a jumbo refi, the borrower had some payment shock so we structured a ten year interest only payment since they plan on relocating within the net 3-5 years.

Question: I was planning on closing the business. 

Dedicate these funds specifically for your down payment, and you’ll reach your goal faster than you think.

I am planning on moving to the Tampa/St.

I plan to live in the house for two years, renovating some.

Get one as you will receive stepped up basis for tax gain purposes.Next decide with your sister on the plan.  

Do you plan to refinance after adding the value?

Look at the plan of the university as well.