mccarthymj

Thanks Mike, looks like the question's answer is pretty plain. I will move over to marketing. M

Something about holding for 2 years, but I think that is for a builders personal residence. One way or another, I am obviously trying to fine a legitimate way to make the CA or LO process more attractive to builders. Any other angles? Mike

Greetings from New England. I am approaching builders with the idea of CA. It would be huge advantage to a builder to complete a home and lease it if, when sold it their profit was treated as a capital gain instead of ordinary income. How long would they have to hold? Is this even possible? I was hooked by Bev's posting in another forum about dealing with this exact situation. (Doing CAs w/New houses built by investors) My guy is a little shady on his answer on this. I would be interested in a professional opinion. Mike

Good morning from New England. Got Mike's book and am about to enter the game. As luck would have it, I called a local investor who has 3 houses for rent, but all under contract. I asked him to hook me up with anyone else who might be able to work with me and lo and behold he referred to one of the largest property managers in our area with over 1000 apartments and houses. The guys manages and does not own! I am clearly a rookie at LO and CA and before I contact this guy and drop the investor's name I thought I would respectfully ask the Board members for some ideas on how to work with this guy for our mutual benefit. I assume he is the first to know when a landlord is tired of the business and could give me an in at that point. Any thoughts would be greatly appreciated. BTW, this place is the Real Estate place to be. Michael