We are already surrounded on three sides by urban zoned homes.My neighbors and I have been approached by two individuals, one is a neighbor who is a real estate agent, and the other one a friend of a neighbor, who works with a real estate attorney; both individuals asked us to join them in working with the 5-6 developers they have approached.

I agree—most of these individuals aren’t paying taxes and aren’t typically aiming to own the property.

A lot of this type thinking is a result of the individual having no understanding, or conception of interest, principal or “the time value of money”.  

LMK how I can assist!

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

DM us if you'd like some 1-on-1 assistance.

You can use petscreening.com to handle this task for you and ensure you are compliant, but I still recommend you really understand the law so you can answer questions or assist with requests. 

. - Capital partner that can assist with cash as needed. - potential equity in primary residence Asks/Needs to achieve goals. - In need of assistance formulating a concrete plan to achieve goals.- Assistance putting the knowledge and resources together to close next deal. - Looking to attend real estate meetups and expand network. - Locating and putting together the right  team that’s needed.-  Joining communities and connecting with others on a similar path. 

Each unit is individually owned, with some owners holding multiple units.A few things I’m trying to understand better:Pros and Cons: What are the main benefits and challenges of owning multiple units in a property like this with a condo setup?

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.