I tried calculating value based on NOI and cap rate (see below) but I'm new to this and the value seems to come out lower than I would expect.

Find a good realtor, close a deal with them and they will give you their contractor contacts.

Their ability to recover their money should you default is much lower in this position.

So, if she bought the bitcoin for $1 million and is now using it to close on a $10 million property, that is a $9 million gain that needs to be accounted for in her income tax.

Sorry you’re dealing with this—it’s a good reminder to double-check zoning before closing, even when it seems straightforward.

I'd bet that this note is worth more to you than to most buyers until the note is much lower LTV, but I'm a novice in this space.

@Walder JavierRFG is solid, my team and our respective investorshas closed roughly a dozen with them.

The window guideline also has a height restrictions, homes built hillside with a room on the lower level are not always considered bedrooms because if the window is too small for a fireman to get in , in case of a fire it doesn't comply with the guidelines.

There is a ton of fix and flip going on in Brooklyn and I am trying to work my confidence towards that after my first project at a lower price point around 300K somewhere (CT seems like my only option). 

How do they treat people that are close to them?