Lots of new construction near the North Lib/ Fishtown area, so that market is currently saturated.

Do you have a background or any experience, or reliable contacts in construction or development?

I’ve been an electrician for 10 years now, so I have a construction management background. 

I know from experience financing additional tiny homes (not sure if you're looking to do this) can be difficult without having someone that has previous ground-up construction experience.

At Pink Development and Construction, we focus on smart strategies that balance risk and reward.

I plan to put two duplexes on the property but with this high appraisal is there a smarter thing to do to pull that money out of it or just use it for better collateral for the construction loan most banks will lend on the transfer price within a seasoning period. we face the same issues for land entitlement and development.

Consider spending some time in these areas to get a feel for the market and see if you'd enjoy living there. you ever dealt with ground up non owner occupied construction loans? 

.* 1.5 miles away from the new billion dollar Inova Landmark project which will complete in 2028* The Duke Street corridor from Landmark to the King Street Metro Station has the highest ridership in the City and will be under construction in 2026How did you find this deal and how did you negotiate it?

So I learned the business of Construction through flipping as far as how it should look, fair pricing, the language of contracts, but with Nate I learned the strategic strategy and ready to get started building my portfolio! 

Quote from @Chris Seveney: Quote from @Juan Vargas: I have a new construction that has been sitting on market for some time.