Quote from @Paul Lucenti: Would you rather have monthly cash flow or would you prefer a quick pay day after 3-6 months?

This is a $2100 upfront money grab from what appears to be a payday loan company.

@James Wise Outside bases, especially on military payday, is one of those places you can find sex providers easily in San Diego area.  

This way I get paid upfront for my work 1-2k plus I know I have another payday at some point in the future if the deal closes.The costs to fully develop a property and sell for near retail usually involves the costs below and takes 2-6 months or more in some cases, but the profits can be huge if you're working in markets where land costs are high:Title 200-400Legal 500-2000 depending on zoning issuesIf wetlands are present AND its a buffer zone project: 2000-5000Perc & septic design if needed 1500-3000Treescaping & cleanup for retail sale 500-1500Selling costs of 6%I tend to stay clear of properties that need more than the above expense items.  

Sometimes making a smaller profit and providing value is far better than holding out for a bigger payday on a bad deal, I like that.

Its was a very nice payday indeed.Now I spent about 50 to 75k up front in marketing to pull that off..

Originally posted by @Michael Schnell:I didn't read ALL 14 pages of this thread, but I read a lot -- and it seems like the point that everyone is missing is that this works IF you deposit your entire paycheck into the HELOC every pay day.  

Definitely focusing on offmarket or even on market multifamily homes (minimum 4 units). started off in real estate development last 2 years but the paydays are brutal building then waiting to sell.So now looking to switch up strategies to purchase cashflowing properties and then get back to ground up construction or even possible fix and flips. 

I intentionally keep mine in a different county than I live in too, just in case they do notorious serious or something.I don't own many rentals these days, but if I did, id have one of the online pay services or set up an ACH on their paydays.

Remember when land buyers pick a target, they have TONS of work to do getting that property from dirt to payday, so they know their purchase choices, and they have a war chest usually stacked up ready to go.