@Rob BlockI could talk days on debt funds as I see a lot of mistakes being made by investorsFor example people who invested in peer street learned the hard way what a limited rights obligation is… - which basically means you have no rights if you know what hits the fanHappy to chat offline

I know yall at easy street like to see 6 months reserves on a fix and flip and even 20% liquidity of the construction budget . we're just different lenders 

Then provide a pre-printed card that has a happy buyer and buyer's agent frolicking down the street, hand in hand, with an explanation of the requirement.

@Michael VivilacquaSo a birdy told me you're buying 2 on the same street...You said you wanted to buy an entire street hahaWe now own 5 total.I own one their also.Catch ya later neighbor hehe

Wall Street has proven their model of stability in the residential RE market post-crash, and if there is another black swan event like 2008/09 there will be a ridiculous amount of competition from large institutions. 

-Update Your House Numbers: Make a statement with stylish, modern house numbers that are easy to read from the street.

Is it city policy or something else that keeps the streets from being regraded?

What street? 

Property: HereComp: Here (Sold on 8/1/2022 same street)84 Grangerford Hts, West Henrietta, NY 14586Listed : 100kHML at 80% of ARV (240k) = 192kInterest only payments (10% interest)(192k x .10) /12 = $1,600/monthPoints = 2 (192k x .02) = $3,840Loan origination fee's = $1,000Additional monthly holding costs:- Taxes (5k/12) = $416- Insurance = $60- RGE = $120Total monthly = $596Duration of rehab = 6 monthsInterest only ($1,600 x 6) = $9,600Points = $3,840Origination = $1,000Holding costs ($596 x 6) = $3,576Total Holding costs = $18,016Loan amount of 192k:Subtract:- Purchase price = 100k- Closing costs (4%) = $4,000- Rehab = $50,000Totaling = $154,000Remaining balance on loan= $38,000Sale at $240,000:(-) (Realtor fee's (6%), closing costs (4%)) = $24,000(+) $38,000 Remaining from HML(-) Holding costs ($192,000 + $18,016) = $210,016Profit ($240,000 + $24,000 + $38,000 - $210,016) = $43,984 - (capital gains at 22% completely estimated) = $34,308Buy and hold:Appraised at $240,000.

I had a property I 1031 last year that was 90% Airbnb and a property down the street 20% Airbnb.