We would like to refinance as soon as possible after the build to recover all or most of our initial investment.

My line of thinking is, Airbnb allows "Legal Entities", IE a multi member business. 

By leveraging shared housing, you can:✅ Lower your initial investment✅ Maximize cash flow✅ Reduce financial risk✅ Make better deals for investorsQuestions for the Community-What's your initial thoughts on the above? 

Was sold above the asking price                   within days of listing.High ROI: Achieved a 50% return on investment due to low renovation costs and increased sale price.Investor PerspectiveRecognized the potential others overlooked by seeing beyond the property's initial appearance andm aximized profits by investing wisely in visible, impactful areas.

Initially we did a light renovation on the rental unit and a larger renovation on the 1st floor.

“Broker” is a legal term that often requires standardized coursework and a state license. 

@Frankie Lotrec if you have an existing loan on the property and you plan to legally convert from a 4 unit to 5 unit , you should check the loan documents because you’d essentially be converting it to a commercial property, since 5+ units is considered commercial and subject to different appraisal approaches and so it would rule out the property being considered for purchasers utilizing residential financing.  

Thank you @Jaycee Greene and @Hossein DaneshIn sum:- 42 apartment rental deal (land has potential to add 32 more on  two small building but that phase would be out of scope for this initial stage analysis).- Negotiated sales price $3.2 (seller financed)- 30% DP @ 7% / 20rs.

the value added versus cost to add, especially in single family zoned areas, typically results in a large negative initial position.  

One question that you may not want to post here for legal reasons, is how much are you paying your PMC?