Thanks for reading my post!

Bought for 359k will sell for 659k in this example.Assuming 150k down payment in 2024 50k annual payments for a year for 4 years 259k ballon payment I thought 50% of each payment would be cap gains but then I read unstated interest payments and I’m lost.What portion of his annual installment payments will be interest?

Great Information exchange in this thread.

We're right at the start of the process, the chicken and the egg, and a little confused on how to pull this together.Essentially we need quotes to see how viable this actually is, but we don't have final plans to quote from, nor is land purchased.We've looked at Altus, and know what pricing SHOULD be.

You can also search Google and read reviews.

Is this true?

I would be investing in Austin, TX, where this seems to be a growing trend with the current tight inventory of conventional housing and lots of surrounding land.

Services you cannot shop for seem high ($800/appraisal - is this a rural area)? 

This is in the short term and long term.2.

I have seen this requirement being one of the reasons owners are the selling.