All Forum Posts by: Tuesda Cook

@Danny Randazzo great advice! I am starting to go to events. Thank you! 

My cousins and I own 2 lots. One has my grandmothers house that needs to be torn down and the other is land. I have to come up with a business plan for a multi-family, 3-4 unit. I also need to find the funds to get this done. Any guidance on how to get started with the process and things I need to look for or know would be helpful. Would this be a good cash flow opportunity? This could possibly be a VA loan but I'm trying to figure out the best direction for me to go in with no money starting out.

Help Please!!!

@Charley C. great gems.  Some of those things had not even crossed my mind. I will be sure to incorporate. Thank you! 

I am a newbie trying to get my first break and I have an opportunity that I do not know how to approach. I have two lots that my cousins and I own. One lot has my grandmothers house on it that is not salvagable and the other is just land. What I want to do is tear down the current property and rebuild a multi-family there, a 3-4 unit.

Any advice on this would be helpful. I need guidance on the best way to handle this. How would I know if my numbers are right? Can someone provide me with a website or formula to help? What would be the best way to fund this project with no money? If I went with a hard lender, how would it work? Is a 203k a good option for this?

Thank you!