Others put down larger downpayments to make the cashflow work.

Hey everyone,I’ve been diving into Chapter 1 of The Multifamily Millionaire, Volume II: Create Generational Wealth by Investing in Large Multifamily Real Estate by Brandon Turner and Brian Murray, and I wanted to share insights on one of the most important concepts: Crystal Clear Criteria (CCC).When scaling up to larger multifamily investments, having clear and specific criteria is critical for success.

There are new construction homes about 2-3 miles away going for 190-200,000 but I think they may be a bit larger than what I am building.

The boom in building was mostly for the larger cabins because of the crazy rents they were getting during covid (even a little before covid actually). 

That is for larger companies or for disgruntled clients or relatives looking to help.Per diems only work in theory.

Fannie Mae allows for higher loan amounts and larger renovations (up to $806,500 in most states). 

Like Having a great base of index funds and a fully funded IRA before throwing savings into crypto or the newest AI quantum-powered dog walking business! 

@Kenny BaoTypically, larger properties are sourced through brokers.

He is 69 and does not want to reinvest (1031 exchange), which leaves me having to make a much larger investment on my own to meet the 1031 requirements which is more than I’m willing to do at this time.

There's lots of properties for sale in the Smoky mountains so you may also have a larger selection of options to purchase as well.