One of our biggest clients plans on building more up there and meeting another GC or two would certainly make sense.

Please discuss this special allegation with your Tax advisors.This post does not create a CPA-Client relationship.

@Jay Hinrichs is correct.However, the following seasoning periods are what I am working with on the DSCR programs that I utilize for my clients.

Of client communications via ai. 

@Nathan BrooksI am not local to Richmond, but have several clients who work in that market.Welcome to the community and be ready for a huge amount of information at your finger tips.

Chicago cap rates are lower then interest rates so what I see clients do is rehab to add a ton of equity/boost rents and then either just hold it or do a partial cash out to get back 1/3 or 1/2 the money in the deal which gives you a higher COC.

As a "retired" public accountant and tax consultant I perform a lot of detailed ROI analysis for my clients. 

If an agent brings a client and buys the wholesale deal, their standard contract is the second contract that the original contract is being assigned to.

The reason for this is that without a license you have no fiduciary responsibility to your clients.

There’s just something about owning a duplex or triplex that makes the numbers more forgiving...you’ve got multiple units covering your expenses, and if one tenant’s late on rent, at least the others might keep the ship afloat.A friend of mine once worked with a client who snagged a triplex down in Austin and ended up treating me to breakfast tacos after those first rent checks cleared.