This went into effect 2 years ago in July. if you waited until now you might have a problem, most inspectors are slammed with people who procrastinated on this.

OK, savvy investors, talk to me about your experience financing the purchase AND extensive rebuild of a multi family building!

Hi, Does anyone have experience with this type of loan?

In my professional life, I work as a construction sales professional, primarily in the commercial and industrial sectors.Goals:My journey in real estate investing is driven by several key aspirations:Applying theoretical knowledge to practical investment scenarios.Connecting with fellow investors to share experiences and insights.Exploring collaboration and partnership opportunities for mutual growth.Committed to continuous learning and professional development.Building a sustainable real estate portfolio for long-term wealth creation.Why Syndications?

If they agree you would support them in that, but ultimately will rely on their experience for how to handle this.

in the slightly less desirable area, 12-1500 sqft (goal $14-1700/mo)1BR below it with living and dining, porch, and great stained glass and architectural features, 1000 sqft (goal $11-1300/mo)This building also has one driveway space thinking $50/mo2 x 2BRs, smaller but in the more desirable location ~1000 sq ft (goal $14-1600/mo)1 BR small in the more desirable location ~ 800 sq ft (goal $9-1100/mo)TR: 6200-7300/moOrder of operations would be as follows: 1) Accounting and structuring - still a lot TBD but I am meeting with a CPA firm with a lot of real estate structuring and consulting experience, I expect they'll be pretty expensive but this doesn't seem like a good place to cheap out.

Are there specific renovations or improvements that have proven to be more effective in lowering insurance premiums?

Quote from @Ethan Lahav: Hey everyoneI'm curios to know, when analyzing a property, how do you determine if it's better as a flip or as a rental.Thank you@Ethan Lahav in my experience, it's always better to flip SFHs.

In my experience, there are plenty of small banks/credit unions that are cool with student rentals as long as they're all on one lease.

Do you have experience in working in the Newark boro?