Purchase price: $310,000 Cash invested: $50,000 Big Blue - 2 units fully rented, 1 with section 8 tenant and 1 unit being used for short term rentals What made you interested in investing in this type of deal?

I am a long-term investor with a buy and hold property in Brooklyn, NY and I also own multiple lands in Florida and Mississippi.

This term replaced "subprime" and looks a lot different than subprime loans of the past.

✅ Preferred loan terms (LTV, duration, etc.)?

Does anyone have a good contract or outline of terms they like using with contractors? 

You will need the cash to build it and I doubt banks will be favorable with lending terms.

@Joshua MiddletonI am very familiar with that street, good friend used to rent Long term on it for about 7 years.  

Quote from @John Warren: @Mordechai Chaimovitz cap rates and NOI are commercial real estate terms, and 1-4 units are not really valued in the same way.

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

But long term, I can’t hope to be a little giddy, always with a skeptical eye toward the horizon, of course.Be cautious out there.