(If they instantly see the error in using a commercial loan.)

Instant networking. 

. - We believe that production of single family and multifamily dwellings nationally will be down between a quarter to a third in 2023. - the supply of existing homes for sale has come down as homeowners hold on to extremely low mortgage rates.

Which means that the instant the trust goes on title it has all of the large gain that you formerly did as well.The trust may be able to do it's own 1031 exchange to mitigate this.  

Just wondering if any of u  bought a accessory dwelling units from modal?

. + So, I am looking into either purchasing an already built property or purchasing land and placing a minimalist dwelling. + Today I've been leaning toward purchasing vacant forested land within the Kelowna valley, placing a permanent prefab dwelling on it, and living there. 

Many people want instant results or not have the patience and let the market dictate their decision of purchasing.

Almost sounds like you bought it and expected to be an instant millionaire and now that it actually turned into work, you're bailing.What went wrong?

Something else to consider when you are using an FHA loan is to find something a little more rural and be able to find or add an ADU (additional dwelling unit) over time.

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