Extremely hard to get a rooming house license in PG.

Although m family was born in Baltimore I have only invested in DC and PG County. 

I think just about all banks will require a PG- Personal guarantor who can support the debt, most will require as everyone said anyone with more then a certain % to be a PG. but that can be negotiated.

.$32,000  60 units at $50 at 90% occupancy$5,000   Outside storage  15 slots at $30 at 90% occupancyExpenses:????????

Greetings BP'ers!  A recent job transfer triggered my first purchase in the MD suburbs!  I'm buying a two-unit property in Laurel, Prince George's County, living in one unit and renting the other.  Are there any disad...

I've been doing infill lot's in PG county Marland and the process I can tell you differs from county to county but I'll give you an outline of my process 1) It's not unusual to see lot's on the MLS for 100+ days, do not be alarmed there are not too many people operating in the sphere 2) Just like rehabs I typically start by looking at what I can potentially build on the lot and my ARV  ( I know my area pretty well, so I'm only buying lot's in specific zipcodes ) my typical target is 2500sqft above grade with an AVR for $500+ 3) My research starts with my surveyor, I provide him with the address, he comes back to give me thumb-up or down or any potential problems I may face, such as wetland, DDO zone  (Development District Overlay) e.t.c 4) After closing on the lot in my county I need to get NRI ( Natural Resource inventory) this plan provides documentation of the existing conditions on a site / TCP ( Tree Conservation Plan ) exemption, I get an exemption because I'm buying infill lot, this is typically handled by my surveyor and take about 30days 5) Next is my stormwater management: Again I'm getting an exemption because I'm disturbing less than 500sqft of land, handled by my surveyor 6) Once I have the 2 approvals listed above, I'm allowed to submit my building plans for approval, in my county turn around time for approval is about 3-4months Hope this helpsbelow is a link to my last new construction project, got a few more in the pipelinehttps://www.redfin.com/MD/Cheverly/2417-Parkway-20785/home/10547525

Perhaps PG county, Richmond. 

Basically, all you need is a Title Company or attorney that can run a title search quickly and schedule you a time slot. 

Depending on the length of time held prior to 2026, there are basis step ups that occur to reduce the gain recognized in 2026, max of 15%, but note that the first of these time slots ended in 2019 (7 years), so at this point that reduction would be 10% if invested for 5 years by 2026.

"The Rona" has given Govt official and bureaucrats an unlimited ego/power trip, and they are going to do whatever they want for as long as they want and "sue me if you like" is their attitude.Honestly, at this point, I would not get into residential real estate unless you like to play slot machines in Vegas.Commercial real estate may be a better alternative.