@Monty Alston It has some impact but no lenders will give you credit for having experience building a home unless you have built or renovated a home in the last 3-5 years.

As important a consideration is how will you reinvest/spend the proceeds from the sale to build wealth.Hope this helps.

At NREIG, we strive to provide clear and comprehensive communication about the coverage options available to our clients.

Unless you're in a Class A Neighborhood like Palmer Woods, Indian Village, Sherwood, etc,. the additional rent probably won't support the cost to build:(More profitable to take the build funds and buy another property.DM us if you'd like to discuss more...

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

You could be overinsured on the building and lose money on not enough Personal property coverage.B. 

It’s just like having your 5 houses, only all in one building.

One of the major driving factors for increased premiums is the carrier's requirement for higher replacement cost limits on file for buildings. 

And if the government removes the app that the illegals use to get food, shelter, money and legal advice, then it becomes a whole new ball game.Regulations are slowing building down.

If you want to build a large number of properties, get connected with local meetups.