I personally have no expertise with CRE, however I do have partners who were to handle the construction / financial aspects of the development while I was going to manage the property and also move a small business that I own and operate into one of the building's several retail spaces.My partners have since decided that they are no longer interested in taking on the task of rehabbing the property, and I am currently pursuing buying them out and doing a pared down renovation of the property on my own.

I finally figured out how to share the link to my spreadsheet with all the info if you're interested in taking a peek.

I just don't see the point in taking the risk. 

If multifamily or self storage zoning I would be interested in taking a look. 

I'll leave with one question that is currently one of my obstacles in taking the next step: How do I convince my wife, who is very risk averse, that going down the real estate investing path is a smart move with our money?

.- As a first time home buyer, don't get swept up in the excitement of seeing a home you could see yourself living in. Take

@Mayer M.Hi Mayer PM me and I will send an intake form that will allow me to run my pro forma on the project and share the results with you

@Robert Delaney Congratulations, in taking the first step ACTION!

If it’s an older house they likely threw aluminum vented soffit right over the old wood soffits that had almost zero intake vents.

The question is, should we refinance the current property we are in, take out a home equity line of credit (which should yield $60k to $75k) and purchase a BRRRR property instead?