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Updated 7 months ago,
Formation of QOZB, selling 2 family, reinvesting capital into QOZB in the North Shore
Hi all,
TL:DR, looking for a professional who can help set up the necessary Opportunity zone fund and company to facilitate selling a Malden 2 family and reinvesting into (and rehabbing) a 4 unit (or greater) property in the North Shore.
Services and/or professionals we may be looking for:
- Representation in selling the Malden 2 family.
- Representation in buying a 4 or more unit property.
- Ideally this person would straddle commercial and residential real estate.
- Entity to guide and do the legal work necessary to form a Qualified Opportunity Zone Fund and set that fund up to buy Opportunity zone Property in Salem, Chelsea, Boston, Beverly, Etc. (basically the city and north).
- Wholesaler, commercial broker etc. with properties fitting the buy box (4 unit up to 2.3 mil, north shore, good foot traffic location).
- Financing, weather that be commercial or residential. I'm happy to move into one of the units to make it residential.
This will be my first time not doing the standard house hack (have done that 4 times now), so I am seasoned but breaking new ground here.